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Fletcher Road, Gateshead NE8 2 bed flat for sale
Fletcher Road, Gateshead NE8
£165,000
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.