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
£90,000

Price History

Initial price £105,000
13/02/25 £90,000
04/03/25 £88,000
15/03/25 £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
24/04/25 £84,000
30/04/25 £82,000
20/06/25 £86,000
05/11/25 £90,000
Price Change -14.29%

Description

This 2-bedroom flat in Gateshead is a great investment opportunity for those looking to expand their portfolio. The property is well-kept and features 2 bedrooms, a lounge, a bathroom, and a kitchen. Currently, it produces 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 living in the property for several years, have consistently paid their rent and do not intend to move out. With a purchase price and potential rental returns, this property offers a worthwhile addition to an investor's portfolio.