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
£134,000

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
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
09/04/25 £135,000
18/04/25 £133,000
07/05/25 £134,000
Price Change -10.67%

Description

This 2-bedroom flat in Gateshead is a fantastic investment opportunity, currently generating an annual gross income of £14,400 with long-term tenants already in place. The property is well-maintained and features a spacious lounge, modern kitchen, and two bedrooms. The tenants have been consistently paying rent for several years and have no plans to move out, making this a stable and lucrative investment. With a purchase price that offers a worthwhile addition to an investor's portfolio, this property is a great chance to expand your rental portfolio and generate strong returns.