Initial price	£82,000
02/11/24	£80,000
08/11/24	£78,000
18/11/24	£76,000
22/11/24	£74,000
Price Change	-9.76%

This 2-bedroom flat in Gateshead is an excellent investment opportunity for those looking to expand their portfolio. The property is well-maintained and features 2 bedrooms, a lounge, kitchen, bathroom, and a parking space. Currently, it generates an annual gross income of £8,340, which could be increased to £8,760 with long-term tenants already in place. The tenants have been living in the property for several years and have consistently paid their rent, with no plans to move out. With a competitive purchase price, this property offers a worthwhile addition to an investor's portfolio, and the current tenant's stability provides a reliable source of rental income.