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Marlborough Crescent, Gateshead NE9 2 bed flat for sale
Marlborough Crescent, Gateshead, NE9
£68,000
Marlborough Crescent, Gateshead, NE9
£68,000
Our Summary
- It is conveniently close to essential amenities, offers strong potential for rental returns, and has a tenant in residence
- Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investor's property portfolio
- Please see the Let Property Pack linked below for greater details on this property's investment potential
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
- Investment potential detailed below (Let Property Pack)
Description
This 2-bedroom flat in Gateshead is an attractive investment opportunity, with a tenant already in residence and generating an annual gross income of £7,500. The property features two bedrooms, a lounge, bathroom, and kitchen, as well as on-street parking and a private rear garden. The current tenants have been paying rent on time for a year and have expressed a desire to continue their tenancy, providing a stable and reliable income stream for the new owner. With its convenient location and potential for future rental returns, this property is a great addition to any investor's portfolio.