This two-bedroom, one-bathroom ground floor flat on Gosforth Terrace, Gateshead, offers a fantastic investment opportunity with a tenant already in situ, providing immediate rental income of £695 per month. The property is located in a prime area, close to Newcastle City Centre and just a 10-minute walk from Pelaw Metro Station, making it an attractive option for tenants. The flat itself has been updated with new carpets and freshly painted walls, giving a modern and clean feel. The living room features a slight alcove and chimney breast, perfect for a fireplace or media unit, while the galley-style kitchen has an integrated oven and hob. The bathroom is newly fitted with a marble-effect finish and comes with a bath, overhead shower, and detachable handheld shower head. The property also benefits from on-street parking and a small shared yard to the rear. With no chain and a 974-year lease, this is an excellent opportunity for investors or first-time buyers looking for a hassle-free transaction.