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Foster Drive, Gateshead NE8 2 bed flat for sale
Foster Drive, Gateshead NE8
£90,000
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.