Worsdell Drive, Gateshead NE8 2 bed flat for sale

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Worsdell Drive, Gateshead NE8 2 bed flat for sale

Worsdell Drive, Gateshead NE8
£140,000

Price History

Initial price £170,000
19/10/24 £167,000
26/10/24 £164,000
01/11/24 £161,000
07/11/24 £158,000
15/11/24 £155,000
21/11/24 £152,000
28/11/24 £149,000
05/12/24 £147,000
13/12/24 £145,000
19/12/24 £160,000
02/01/25 £157,000
09/01/25 £154,000
15/01/25 £151,000
31/01/25 £148,000
28/02/25 £146,000
12/03/25 £144,000
19/03/25 £142,000
26/03/25 £140,000
03/04/25 £138,000
09/04/25 £136,000
19/04/25 £150,000
08/08/25 £148,000
31/10/25 £144,000
07/01/26 £140,000
Price Change -17.65%

Description

This 2-bedroom flat in Gateshead is a fantastic investment opportunity, offering a current annual gross income of £13,200 and potential to increase to £14,400 with long-term tenants already in place. The property features a well-kept interior with 2 bedrooms, lounge, kitchen, ensuite, balcony, and parking space, making it an attractive addition to an investor's portfolio. The current tenants have a good track record of paying rent on time and have no intention of moving out, ensuring a smooth transition for the new owner. With its proximity to amenities and potential for increased rental returns, this property is a worthwhile consideration for investors looking to expand their portfolio.