2 bedroom flat for sale

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2 bedroom flat for sale

Fletcher Road, Gateshead, Tyne & Wear, NE8 2AY
£170,000

Price History

Initial price £200,000
29/06/24 £170,000
Price Change -15.00%

Description

This two bedroomed ground floor apartment is situated in the vibrant Gateshead quayside, offering a modern and spacious open plan living area, complemented by two well-proportioned double bedrooms, one featuring an en-suite, and a family bathroom. The property benefits from shared outside space and an allocated parking spot, making it ideal for those who value convenience and accessibility. The apartment is currently tenanted by A1 tenants, ensuring a steady income for potential buy to let investors, with a projected yield of 6-7%. The leasehold property has a length of lease of 106 years, with ground rent and service charge payable annually, providing a low-maintenance living option in a sought-after location with excellent transport links and local amenities.