2 bed flat

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2 bed flat

Ripon Street, Gateshead NE8
£78,000

Price History

Initial price £80,000
29/10/25 £78,000
Price Change -2.50%

Description

This 2-bedroom flat in Gateshead is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, bathroom, and street parking. Currently, it produces an annual gross income of £7,140, which could be increased to £7,560 with a new owner. The property has a tenant already situated, who has been renting for several years and has consistently paid their rent on time. The current rent is below market rate, providing an opportunity for the new owner to increase the income. With a Let Property Pack available for further information, this is a worthwhile addition to any investor's portfolio.