2 bedroom flat for sale

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2 bedroom flat for sale

Cobden Street, Gateshead, Tyne and Wear, NE8 3PJ
£40,000

Price History

Initial price £45,000
03/05/24 £40,000
Price Change -11.11%

Description

A tenanted bedroom upper floor flat is being sold via online auction on May 30, 2024, with fees applying. The property is located close to local amenities and has easy access to Newcastle, Gateshead, and Low Fell. It features UPVC doors, double glazed windows, and gas central heating. The accommodation includes a lounge, two bedrooms, kitchen, and bathroom, with a yard to the rear. The current tenants are paying £500 per month, providing a 10% yield. The property is a leasehold with a length of lease of 964 years.