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4 bedroom maisonette for sale
Oban Terrace, Gateshead, NE10
£120,000
Oban Terrace, Gateshead, NE10
£120,000
Our Summary
- First floor maisonette with No Chain Involved requiring updating
Description
This first-floor maisonette is being sold as seen, including its contents, and is an ideal opportunity for investors or first-time buyers. The property requires updating and is being sold with no chain involved. With a Tyneside Lease of 999 years, the buyer will only pay a peppercorn ground rent and no service charges. The flat falls into Council Tax Band A and has the potential to generate rental income of up to £800 per calendar month, depending on the standard of the property. With approximately 973 years remaining on the lease, this is a rare and attractive opportunity for buyers looking for a long-term investment.