Oak Avenue, Gateshead NE11 2 bed flat for sale

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Oak Avenue, Gateshead NE11 2 bed flat for sale

Oak Avenue, Gateshead NE11
£78,000

Price History

Initial price £81,000
30/10/25 £78,000
Price Change -3.70%

Description

This 2-bedroom flat in Gateshead is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features two comfortable bedrooms, a modern bathroom, a welcoming reception room, private front and back gardens, and on-street parking. Currently, the property is generating an annual gross income of £7,800 with tenants already situated, and its potential rental income is expected to increase in future years. The current tenants have been living in the property for several years and have consistently paid their rent, with no intention to move out. With its proximity to valuable amenities and potential for rewarding rental returns, this property is a worthwhile addition to any investor's portfolio.