Causeway, Gateshead NE9 2 bed flat for sale

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Causeway, Gateshead NE9 2 bed flat for sale

Causeway, Gateshead, NE9
£74,000

Our Summary

  • Please see the Let Property Pack linked below for greater details on this property's investment potential
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Description

This 2-bedroom flat in Gateshead is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-maintained and features two bedrooms, a lounge, a bathroom, and a kitchen. Currently, the property produces an annual gross income of £6,360, which could be increased to £8,520 with long-term tenants already in place. The current tenants have been residing in the property for several years and have consistently paid their rent, with no intention to move out. With a purchase price that allows for a worthwhile addition to an investor's portfolio, this property is an attractive option for those looking to generate rewarding rental returns.
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