2 bed flat

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2 bed flat

Oak Avenue, Gateshead NE11
£68,000

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)

Description

This 2-bedroom flat in Gateshead is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features two comfortable bedrooms, a modern bathroom, a welcoming reception room, and private front and back gardens. With a current annual gross income of £7,800 and a tenant already in situ, this property has the potential to generate rewarding rental returns. The current tenants have been living in the property for several years and have consistently paid their rent, with no intentions to move out. With its close proximity to amenities and on-street parking, this property is a worthwhile addition to any investor's portfolio.