Initial price	£65,000
22/11/24	£62,000
Price Change	-4.62%

This upper 2-bedroom flat on Old Durham Road, Gateshead, is an investment opportunity listed at £65,000. The property, which requires modernization, offers significant potential for value appreciation and provides ample living space with a spacious lounge, two bedrooms, and a large bathroom. With a 982-year lease remaining, the property is a long-term investment with potential for upgrades to increase its rental yield and market value. The property is located in a popular area and is estimated to have a council tax band of A, with an annual cost of £1,634. The Energy Performance Certificate (EPC) rating is currently 60 (D) but has potential to be upgraded to 76 (C) with modernization.