Durham Road, Gateshead, NE8 5 bed flat for sale

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Durham Road, Gateshead, NE8 5 bed flat for sale

Durham Road, Gateshead, NE8
£230,000

Our Summary

  • Modernisation would be beneficial with increased returns from rental yields as a result
  • To see the properties full potential they must be viewed, please call our West Road office to book

Description

Presenting Durham Road, a unique opportunity to purchase two flats as a pair, offering a potential return on investment from day one. The upper flat, 73b, boasts a spacious lounge, modern kitchen, and three bedrooms, including a master with a dormer window. The lower flat, 73a, features a large lounge, modern kitchen, and three bedrooms, including a master with built-in storage. Both flats have high ceilings, bay windows, and traditional charm, with potential for modernization to increase rental yields. The properties share a rear yard and have street parking at the rear. With a total rental income of £1,050 per month, this is an attractive investment opportunity. The location is convenient, with easy access to the A167(M), Gateshead Interchange, and Metro services, as well as local shops, cafes, and restaurants. The area is also served by excellent local schools, making it perfect for families.