Oak Avenue, Gateshead NE11 2 bed flat for sale

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Oak Avenue, Gateshead NE11 2 bed flat for sale

Oak Avenue, Gateshead, NE11
£64,000

Our Summary

  • 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 investors property portfolio
  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 2-bedroom flat in Gateshead is a fantastic investment opportunity for those looking to expand their portfolio. The property is located close to amenities, has a current tenant in situ, and generates an annual gross income of £7,800. The well-kept home features two comfortable bedrooms, a modern bathroom, a welcoming reception room, and private front and back gardens. The current tenants have been long-term residents, paying rent consistently, and have no intention of moving out. With its potential for rewarding rental returns and a purchase price that makes it a worthwhile addition to an investor's portfolio, this property is not to be missed.