2 bedroom flat for sale

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2 bedroom flat for sale

Worsdell Drive, Gateshead, Tyne And Wear, NE8
£148,000

Price History

Initial price £170,000
19/10/24 £167,000
25/10/24 £164,000
01/11/24 £161,000
08/11/24 £158,000
18/11/24 £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
17/01/25 £151,000
30/01/25 £148,000
27/02/25 £146,000
13/03/25 £144,000
19/03/25 £142,000
26/03/25 £140,000
04/04/25 £138,000
09/04/25 £136,000
19/04/25 £150,000
08/08/25 £148,000
Price Change -12.94%

Description

This 2-bedroom flat in Gateshead is a fantastic investment opportunity for those looking to expand their portfolio. The property is currently generating an annual gross income of £13,200, which could be increased to £14,400 with a new owner. The property features 2 bedrooms, a lounge, a kitchen, an ensuite, a balcony, and a parking space, making it a well-kept and desirable home. The current tenants have been long-term residents and have consistently paid their rent, with no intention of moving out. With a tenant already in place, the new owner can enjoy a hassle-free transition and focus on maximizing their returns. The property's investment potential is further highlighted by its proximity to valuable amenities, making it an attractive option for investors looking to diversify their portfolio.