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£270,000

(£299/sq. ft)

8 bed flat for sale
Noble Terrace, Gateshead NE10

    • 8 beds

    • 4 baths

    • 1 reception

    • 904 sq. ft

  • EPC Rating: E

  • Freehold

Lightning Estates

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About this property

    Investment Portfolio For Sale Gateshead NE8 & NE10 £27,600 Annual Income

    An ideal turnkey investment opportunity a portfolio of four fully let residential properties in high-demand rental locations across Gateshead. This package includes three lower Tyneside flats and one mid-terraced house, all currently producing a combined rental income of £27,600 per annum.

    Portfolio Breakdown:
    1. 16 Noble Street, NE10 0HP
    * 2-bedroom mid-terraced house
    * Well-maintained with gas central heating and double glazing
    * Located in a popular rental area
    * Let on an assured shorthold tenancy (AST)
    2. 6 Uxbridge Terrace, NE10 0HL
    * 2-bedroom lower flat
    * Let on AST
    3. 32 Bensham Crescent, NE8 2YB
    * 2-bedroom lower Tyneside flat
    * Let on AST
    4. 26 King Edward Street, NE8 3QP
    * 2-bedroom lower Tyneside flat
    * Let on AST

    Financial Summary:
    • Total annual rental income: £27,600
    • Fully let with tenants in situ
    • Attractive gross yield potential

    Location Highlights:
    • Excellent access to Newcastle city centre, A1(M), and public transport
    • Well-established rental areas with proven demand
    • Suitable for both first-time and seasoned investors

    For further details including tenancy schedules, EPCs, and to arrange a viewing, please get in touch.

    Serious buyers only sold as a complete portfolio.

    Notice
    Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

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    More information

    • Tenure

      Freehold

    • Council tax band

      A

    See all recent sales in NE10

    Property descriptions and related information displayed on this page are marketing materials provided by - Lightning Estates. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Lightning Estates for full details and further information.