Marlborough Crescent, Gateshead NE9 2 bed flat for sale

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Marlborough Crescent, Gateshead NE9 2 bed flat for sale

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 £5,940. The property features two bedrooms, a lounge, kitchen, and three-piece bathroom, as well as on-street parking and a private rear garden. The current tenants have been in residence for several years and have consistently paid their rent on time, with no plans to move out. With its strong potential for rental returns and a current tenant in place, this property presents a worthwhile addition to any investor's portfolio.