Worsdell Drive, Gateshead NE8 2 bed flat for sale

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Worsdell Drive, Gateshead NE8 2 bed flat for sale

Worsdell Drive, Gateshead NE8
£148,000

Our Summary

  • 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 offers a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, ensuite, balcony, and parking space. Currently producing an annual gross income of £13,200, the property has the potential to increase to £14,400 with long-term tenants already in place. The tenants have been consistent in paying their rent and have no plans to move out, making for a smooth transition for the new owner. With its close proximity to amenities and potential for rental returns, this property is an attractive addition to any investment portfolio.