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, Tyne And Wear, NE8
£182,000

Price History

Initial price £189,000
01/02/25 £185,000
15/02/25 £182,000
Price Change -3.70%

Description

This 2-bedroom flat in Gateshead offers a fantastic investment opportunity for those looking to expand their portfolio. The well-maintained property features 2 bedrooms, an ensuite bathroom, modern lounge, kitchen, balcony, and allocated parking, all in good condition. The current annual gross income is £14,400, which has the potential to increase to £15,600 with the new owner, making it a worthwhile addition to an investor's portfolio. The property is currently tenanted, with the current occupants having consistently paid their rent and showing no intention to move out, ensuring a smooth transition for the new owner. With a Let Property Pack available for further information, this is an excellent opportunity for investors to take advantage of a lucrative rental return.