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
£82,000

Price History

Initial price £105,000
13/02/25 £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
18/04/25 £86,000
23/04/25 £84,000
29/04/25 £82,000
Price Change -21.90%

Description

This 2-bedroom flat in Gateshead is a lucrative investment opportunity for those looking to expand their portfolio. The property is currently producing an annual gross income of £9,588, which could increase to £10,200 with long-term tenants already in place. The tenants, who have been residing in the property for several years, have a good payment history and intend to remain in the property. With its well-kept condition and valuable amenities nearby, this flat is a worthwhile addition to any investor's portfolio. The current owner is willing to sell, and Let Property Sales is committed to facilitating a smooth transaction process.