Worsdell Drive, Gateshead NE8 2 bed flat for sale

>

Worsdell Drive, Gateshead NE8 2 bed flat for sale

Worsdell Drive, Gateshead NE8
£144,000

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
Price Change -15.29%

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 2 bedrooms, a lounge, a kitchen, an ensuite, a balcony, and a parking space. It currently generates an annual gross income of £13,200, which could be increased to £14,400 with a new owner. The current tenants, who have lived in the property for several years, are long-term and have consistently paid their rent, with no intention to move out. With a strong rental income and potential for growth, this property is a worthwhile addition to any investment portfolio.