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Worsdell Drive, Gateshead NE8 2 bed flat for sale
Worsdell Drive, Gateshead NE8
£123,000
Worsdell Drive, Gateshead NE8
£123,000
Price History
Initial price | £150,000 |
29/11/24 | £145,000 |
14/12/24 | £143,000 |
21/12/24 | £141,000 |
02/01/25 | £139,000 |
10/01/25 | £137,000 |
17/01/25 | £135,000 |
31/01/25 | £133,000 |
28/02/25 | £131,000 |
13/03/25 | £129,000 |
20/03/25 | £127,000 |
27/03/25 | £125,000 |
04/04/25 | £123,000 |
Price Change | -18.00% |
Description
This 2-bedroom flat in Gateshead is a lucrative investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a spacious lounge, modern kitchen, and two bedrooms. Currently, it generates an annual gross income of £14,400 from long-term tenants who have been living in the property for several years and have consistently paid their rent. With a purchase price that offers a worthwhile return, this property is an attractive addition to any investment portfolio. The current tenants do not intend to move out, ensuring a smooth transition for the new owner.