>
Fletcher Road, Gateshead NE8 2 bed flat for sale
Fletcher Road, Gateshead, Tyne And Wear, NE8
£158,000
Fletcher Road, Gateshead, Tyne And Wear, NE8
£158,000
Price History
Initial price | £189,000 |
01/02/25 | £185,000 |
15/02/25 | £182,000 |
01/03/25 | £179,000 |
14/03/25 | £176,000 |
21/03/25 | £173,000 |
27/03/25 | £170,000 |
04/04/25 | £167,000 |
11/04/25 | £164,000 |
18/04/25 | £161,000 |
23/04/25 | £158,000 |
Price Change | -16.40% |
Description
This 2-bedroom flat in Gateshead offers a fantastic investment opportunity for investors looking to expand their portfolio. The well-kept home features 2 bedrooms, an ensuite bathroom, modern lounge, kitchen, balcony, and allocated parking, all in good condition. Currently producing an annual gross income of £14,400, the property has the potential to increase its rental income to £15,600 with the new owner. The current tenants have been consistently paying their rent and have no intention of moving out, making for a smooth transition. With a worthwhile addition to an investor's portfolio, this property is a great opportunity for those looking to expand their rental income.