2 bed flat for sale

Durham Road, Gateshead NE8

Our latest listing is a 2-bedroom flat located in Gateshead. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated.

For investors looking to expand their portfolio, this is a fantastic opportunity!

This well-kept home offers 2 bedrooms - with one currently used as a working space - an open-plan lounge and kitchen with a dining area, and a sleek three-piece bathroom. The property also benefits from private front and back garden spaces, as well as convenient on-street parking. Ideally situated close to local amenities, this inviting home combines comfort and practicality, making it perfect for modern living.

Investment details

It currently produces an annual gross income £9,600 with tenants currently situated. Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

Tenancy Details

The current tenants have lived in the property and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

We are committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.