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Foster Drive, Gateshead NE8 2 bed flat for sale
Foster Drive, Gateshead, NE8
£86,000
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.