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Tynemouth Pass, Gateshead NE8 2 bed flat for sale
Tynemouth Pass, Gateshead, NE8
£140,000
Tynemouth Pass, Gateshead, NE8
£140,000
Our Summary
- It is conveniently close to essential amenities, offers strong potential for rental returns, and has a tenant in residence
- 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 investor's property portfolio
- Please see the Let Property Pack linked below for greater details on this property's investment potential
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
- Investment potential detailed below (Let Property Pack)
Description
This 2-bedroom flat in Gateshead is an attractive investment opportunity, offering a strong potential for rental returns and a tenant in residence. The property features two bedrooms, two bathrooms, a lounge, and a kitchen, as well as communal private parking. Currently producing an annual gross income of £10,200, it presents a worthwhile addition to an investor's portfolio. The tenants, who have been residing in the property for over a year, are committed to continuing their tenancy and have consistently paid their rent on time. With a Let Property Pack available for further details, this property offers a smooth transaction process and a chance to expand an investor's portfolio.