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
£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 an excellent investment opportunity, offering a current annual gross income of £7,800 with a tenant already in situ. The property features two comfortable bedrooms, a modern bathroom, a welcoming reception room, and private front and back gardens, making it an attractive option for investors. With a tenant who has been in the property for several years and has consistently paid rent, there is potential for long-term rental returns. The property is well-located, close to amenities, and has on-street parking, making it an ideal addition to an investor's portfolio. The current tenants do not intend to move out, and the seller is committed to facilitating a smooth transaction process.