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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 is a fantastic investment opportunity, currently rented for £695 per month, generating a gross yield of 8.55% against the asking price. The property boasts an open-plan lounge with Juliet balcony and kitchen with integrated appliances, as well as a bathroom with a bath and overhead shower. Residents and visitors parking spaces are also available within the location. The property is on a 125-year lease, with approximately 101 years remaining, and has valid EPC, EICR, and gas safety certificates. The ground rent is £100 and service charge is £1496.88 per annum, or £124.74 per month. While we strive to provide accurate information, potential buyers and tenants are advised to inspect the property and verify the details for themselves.