2 bedroom flat for sale

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2 bedroom flat for sale

Worsdell Drive, Gateshead, NE8
£135,000

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
20/06/25 £135,000
Price Change -10.00%

Description

This 2-bedroom flat in Gateshead is a great investment opportunity for those looking to expand their portfolio. The property is well-kept and features a spacious lounge, modern kitchen, and 2 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 a strong track record of paying rent on time. The tenants do not intend to move out, providing a stable and predictable income stream for investors. With its proximity to amenities and potential for rewarding rental returns, this property is an attractive addition to any investment portfolio.