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Marlborough Crescent, Gateshead NE9 2 bed flat for sale
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)
- Investment potential detailed below (Let Property Pack)
Description
This 2-bedroom flat in Gateshead offers a fantastic investment opportunity for those looking to expand their portfolio. The property is conveniently located near essential amenities and has a tenant in residence, generating an annual gross income of £7,500. The current tenants have been paying their rent on time for a year and wish to continue their tenancy, providing a stable and reliable income stream. The property also features a private rear garden and on-street parking, making it a desirable and practical investment. With its strong potential for rental returns and a tenant already in place, this property is a worthwhile addition to any investor's portfolio.