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2 bed flat
Marlborough Crescent, Gateshead NE9
£70,000
Marlborough Crescent, Gateshead NE9
£70,000
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)
Description
This 2-bedroom flat in Gateshead is a great investment opportunity, offering a strong potential for rental returns. The property is conveniently located near essential amenities and has a tenant in residence, generating an annual gross income of £5,940. The current tenants have been living in the property for several years and have consistently paid their rent on time, with no plans to move out. The property features two bedrooms, a lounge, a kitchen, and a three-piece bathroom, as well as on-street parking and a private rear garden. With its stable rental income and potential for future growth, this property is a worthwhile addition to any investor's portfolio.