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Ovett Gardens, Gateshead NE8 2 bed flat for sale
Ovett Gardens, Gateshead NE8
£85,000
Ovett Gardens, Gateshead NE8
£85,000
Price History
Initial price | £97,000 |
27/05/25 | £92,000 |
10/06/25 | £90,000 |
02/07/25 | £85,000 |
15/07/25 | £95,000 |
05/09/25 | £90,000 |
13/09/25 | £85,000 |
Price Change | -12.37% |
Description
This 2-bedroom flat in Gateshead offers a lucrative investment opportunity for investors looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, and bathroom, and is currently generating an annual gross income of £9,000, which could be increased to £9,264 with a new owner. The property has long-term tenants who have been paying rent consistently for several years and have no plans to move out, making it a stable and reliable investment. With its proximity to amenities and potential for increased rental income, this property is a fantastic opportunity for investors looking to add to their portfolio.