Causeway, Gateshead NE9 2 bed flat for sale

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Causeway, Gateshead NE9 2 bed flat for sale

Causeway, Gateshead, NE9
£80,000

Our Summary

  • Please see the Let Property Pack linked below for greater details on this property's investment potential
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 2-bedroom flat in Gateshead is a great investment opportunity for those looking to expand their portfolio. The property is currently generating an annual gross income of £6,360, which could be increased to £8,520 with long-term tenants already in place. The flat is well-kept and features 2 bedrooms, a lounge, a bathroom, and a kitchen. The current tenants, who have lived in the property for several years, are committed to staying and have consistently paid their rent. With a purchase price that offers a worthwhile return, this property is a great addition to any investor's portfolio.