Causeway, Gateshead NE9 2 bed flat for sale

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Causeway, Gateshead NE9 2 bed flat for sale

Causeway, Gateshead NE9
£78,000

Price History

Initial price £80,000
13/02/25 £78,000
Price Change -2.50%

Description

This 2-bedroom flat in Gateshead is a lucrative investment opportunity for property investors. The property is well-maintained and features 2 bedrooms, a lounge, a bathroom, and a kitchen. Currently, it generates an annual gross income of £6,360, which could increase to £8,520 with long-term tenants already in place. The property's purchase price makes it a worthwhile addition to an investor's portfolio. The current tenants have been residing in the property for several years and have consistently paid their rent, intending to remain in the property. The letting agents are committed to facilitating a smooth transaction process, making it an attractive option for investors looking to expand their portfolio.