Fletcher Road, Gateshead NE8 2 bed flat for sale

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Fletcher Road, Gateshead NE8 2 bed flat for sale

Fletcher Road, Gateshead NE8
£165,000

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
24/04/25 £158,000
20/06/25 £168,000
24/07/25 £165,000
Price Change -12.70%

Description

This 2-bedroom flat in Gateshead offers a fantastic investment opportunity for those looking to expand their portfolio. The well-maintained property features two bedrooms, an ensuite bathroom, modern lounge, kitchen, balcony, and allocated parking, all in good condition. Currently, the property produces an annual gross income of £14,400, which could be increased to £15,600 with a new owner. The existing tenants have been consistent in their rent payments and have no intention of moving out, providing a stable and secure investment opportunity. With a valuable location and rewarding rental returns, this property is a worthwhile addition to any investor's portfolio.