2 bedroom flat for sale

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2 bedroom flat for sale

Worsdell Drive, Gateshead, NE8
£133,000

Price History

Initial price £150,000
29/11/24 £145,000
14/12/24 £143,000
20/12/24 £141,000
03/01/25 £139,000
10/01/25 £137,000
17/01/25 £135,000
30/01/25 £133,000
Price Change -11.33%

Description

This 2-bedroom flat in Gateshead offers 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 in residence for several years and have consistently paid their rent. With a purchase price that makes it a worthwhile addition to an investor's portfolio, this property is a fantastic opportunity for those looking to maximize their returns. The current tenants are committed to remaining in the property, making for a smooth transaction process.