Grisedale Gardens, Gateshead NE9 1 bed flat for sale

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Grisedale Gardens, Gateshead NE9 1 bed flat for sale

Grisedale Gardens, Gateshead NE9
£66,000

Price History

Initial price £70,000
10/09/25 £68,000
25/10/25 £66,000
Price Change -5.71%

Description

This 1-bedroom flat in Gateshead is a fantastic investment opportunity, offering strong potential for rental returns. The property is conveniently located near essential amenities and has a tenant in residence, generating an annual gross income of £5,520. The current tenants have been living in the property for 9 years and wish to continue their tenancy, providing a stable and reliable income stream. The property also benefits from on-street parking and a communal front garden, making it a worthwhile addition to an investor's portfolio. With its low maintenance costs and potential for long-term rental income, this property is a great opportunity for investors looking to expand their portfolio.