Worsdell Drive, Gateshead NE8 2 bed flat for sale

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Worsdell Drive, Gateshead NE8 2 bed flat for sale

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.