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Ripon Street, Gateshead NE8 2 bed flat for sale
Ripon Street, Gateshead NE8
£74,000
Ripon Street, Gateshead NE8
£74,000
Price History
| Initial price | £80,000 |
| 29/10/25 | £78,000 |
| 05/11/25 | £74,000 |
| Price Change | -7.50% |
Description
This 2-bedroom flat in Gateshead is an attractive investment opportunity, with a current annual gross income of £7,140 and potential to increase to £7,560 with a market rate rent. The property is well-maintained and features 2 bedrooms, lounge, kitchen, bathroom, and street parking. A tenant is already in situ, having lived in the property for several years and paying rent consistently. The current owners are committed to facilitating a smooth transaction process, making this a worthwhile addition to an investor's portfolio. With its proximity to amenities and potential for increased rental returns, this property is an excellent choice for those looking to expand their investment portfolio.