Mendip Gardens, Gateshead NE11 2 bed flat for sale

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Mendip Gardens, Gateshead NE11 2 bed flat for sale

Mendip Gardens, Gateshead NE11
£69,000

Price History

Initial price £70,000
14/12/24 £68,000
21/12/24 £66,000
24/12/24 £64,000
03/01/25 £71,000
11/01/25 £69,000
Price Change -1.43%

Description

This 2-bedroom mid-terrace property in Lobley Hill is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a spacious lounge, modern kitchen, and two bedrooms. Currently, it produces an annual gross income of £6600, which could be increased to £9708 with new tenants. The current tenants have been long-term residents and have consistently paid their rent, with no intention to move out. The property's investment potential is highlighted in the Let Property Pack, and interested buyers are encouraged to call for more information.