Fletcher Road, Gateshead NE8 2 bed flat for sale

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Fletcher Road, Gateshead NE8 2 bed flat for sale

Fletcher Road, Gateshead, Tyne And Wear, NE8
£158,000

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)
  • Investment potential detailed below (Let Property Pack)

Description

This 2-bedroom flat in Gateshead offers a fantastic investment opportunity for investors looking to expand their portfolio. The well-kept home features 2 bedrooms, an ensuite bathroom, modern lounge, kitchen, balcony, and allocated parking, all in good condition. Currently producing an annual gross income of £14,400, the property has the potential to increase its rental income to £15,600 with the new owner. The current tenants have been consistently paying their rent and have no intention of moving out, making for a smooth transition. With a worthwhile addition to an investor's portfolio, this property is a great opportunity for those looking to expand their rental income.