Ripon Street, Gateshead NE8 2 bed flat for sale

>

Ripon Street, Gateshead NE8 2 bed flat for sale

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.