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 attractive investment opportunity listed at £65,000. The property, which features a spacious lounge, two bedrooms, and a large bathroom, offers significant potential for value appreciation with some modernisation. With a leasehold tenure and 982 years remaining, this property provides a long-term investment with minimal ground rent and service charges. The flat has a floor area of 688 square feet and is located in a popular area, making it an ideal choice for potential tenants or future buyers. With an estimated annual council tax of £1,634 and an EPC rating of 60, this property presents a promising investment with potential for upgrades to increase its rental yield and market value.