1 bed flat

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1 bed flat

Mill Road, Gateshead NE8
£102,000

Price History

Initial price £120,000
02/09/25 £110,000
11/09/25 £107,000
06/11/25 £102,000
Price Change -15.00%

Description

This 1-bedroom flat in Gateshead is a fantastic investment opportunity for those looking to expand their portfolio. The property is conveniently located near essential amenities and has a tenant already in residence, generating an annual gross income of £9,780. With a dedicated office area and communal private parking, this flat has strong potential for rental returns. The current tenants have been paying their rent on time for a year and wish to continue their tenancy, making for a smooth transition for the buyer. With its strong rental income and potential for future growth, this property is a worthwhile addition to any investor's portfolio.