Ovett Gardens, Gateshead NE8 2 bed flat for sale

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Ovett Gardens, Gateshead NE8 2 bed flat for sale

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.