Foster Drive, Gateshead NE8 2 bed flat for sale

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Foster Drive, Gateshead NE8 2 bed flat for sale

Foster Drive, Gateshead, NE8
£86,000

Price History

Initial price £105,000
14/02/25 £90,000
04/03/25 £88,000
14/03/25 £86,000
21/03/25 £84,000
28/03/25 £82,000
05/04/25 £90,000
11/04/25 £88,000
17/04/25 £86,000
23/04/25 £84,000
29/04/25 £82,000
20/06/25 £86,000
Price Change -18.10%

Description

This 2-bedroom flat in Gateshead is a fantastic investment opportunity, currently producing an annual gross income of £9,588 and with the potential to increase to £10,200 with long-term tenants already in place. The property is well-maintained and features two bedrooms, a lounge, a bathroom, and a kitchen. The current tenants have been living in the property for several years and have a good track record of paying their rent on time, and they intend to stay. The property is near valuable amenities and offers a great chance for investors to expand their portfolio. With a purchase price and potential rental income, this property has the potential to be a worthwhile addition to an investor's portfolio.