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
£137,000

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
Price Change -8.67%

Description

This 2-bedroom flat in Gateshead is an excellent investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a spacious lounge, modern kitchen, and 2 bedrooms. Currently, it generates an annual gross income of £14,400 with long-term tenants already in place, who have consistently paid their rent and have no intention of moving out. With a purchase price that will yield a worthwhile return, this property offers a fantastic chance for investors to add to their portfolio. The current tenants have been in the property for several years, and the sellers are committed to facilitating a smooth transaction process to ensure a successful sale.