2 bedroom flat for sale

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2 bedroom flat for sale

Worsdell Drive, Gateshead, Tyne And Wear, 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 is a fantastic investment opportunity for those looking to expand their portfolio. The property is currently generating an annual gross income of £13,200, which could be increased to £14,400 with a new owner. The property features 2 bedrooms, a lounge, a kitchen, an ensuite, a balcony, and a parking space, making it a well-kept and desirable home. The current tenants have been long-term residents and have consistently paid their rent, with no intention of moving out. With a tenant already in place, the new owner can enjoy a hassle-free transition and focus on maximizing their returns. The property's investment potential is further highlighted by its proximity to valuable amenities, making it an attractive option for investors looking to diversify their portfolio.