Ovett Gardens, Gateshead NE8 2 bed flat for sale

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Ovett Gardens, Gateshead NE8 2 bed flat for sale

Ovett Gardens, Gateshead NE8
£97,000

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 is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, and bathroom, and is currently generating an annual gross income of £9,000. With a market rate of £9,264, the new owner has the potential to increase the rental income. The property has a long-term tenant already in situ, who has consistently paid their rent and has no intention of moving out. With a worthwhile addition to an investor's portfolio, this property is a great opportunity for those looking to diversify their investments.