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Foster Drive, Gateshead NE8 2 bed flat for sale
Foster Drive, Gateshead NE8
£97,500
Foster Drive, Gateshead NE8
£97,500
Price History
| Initial price | £100,000 |
| 13/09/25 | £97,500 |
| Price Change | -2.50% |
Description
This charming two-bedroom upper floor apartment in a sought-after location is an ideal investment opportunity for first-time investors or those looking to expand their portfolio. The property is currently let for £695 per month, generating a gross yield of 8.55% against the asking price. The apartment features an open-plan lounge with a Juliet balcony and a kitchen with integrated appliances. The bathroom is equipped with a bath, overhead shower, wash hand basin, and w/c. The property also benefits from residents and visitors parking spaces within the location. With a 125-year lease remaining and a manageable ground rent and service charge, this property presents a stable and lucrative investment opportunity.