2 bed flat for sale
Foster Drive, Gateshead NE8

- 2 beds
- 1 bath
- 1 reception
- 608 sq. ft

Leasehold

About this property

Buy-to-Let Opportunity
Tenants Currently Situated
Likely to attract enquiries from Serious Investors & Developers
Well Maintained Property
Easy Access to Local Amenities
Investment potential detailed below (Let Property Pack)

Our latest listing is a 2-bedroom Flat in Gateshead. It is near valuable amenities, can generate rewarding rental returns, and has a tenant currently residing there.

For investors looking to expand their portfolio, this is a fantastic opportunity!

This well-kept home features 2 bedrooms, a lounge, a bathroom, and a kitchen.

Investment details

It currently produces an annual gross income of £9,588 which the new owner could increase to a market rate of £10,200 with long-term tenants presently situated. Considering the purchase price, this will make for a worthwhile addition to an investor's property portfolio.

Please see the Let Property Pack linked below for greater details on this property's investment potential.

If you are interested, please call us.

Tenancy Details

The current tenants have lived in the property for several years and have consistently paid their rent for their stay. They do not intend to move out so they hope to remain in the property.

Let Property is committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.