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Offers over

£119,000

(£173/sq. ft)

2 bed flat for sale
Tynemouth Pass, Gateshead NE8

    • 2 beds

    • 2 baths

    • 1 reception

    • 689 sq. ft

  • EPC Rating: C

Leasehold
Added on 30/07/2025

About this property

  • Communal Private Parking

  • Buy-to-Let Opportunity

  • Tenants currently situated

  • Likely to attract enquiries from Serious Investors & Developers

  • Investment potential detailed below (Let Property Pack)

Our latest listing is a 2-bedroom flat located in Gateshead. It is conveniently close to essential amenities, offers strong potential for rental returns, and has a tenant in residence.

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

This property features two bedrooms, two bathrooms, a lounge, and a kitchen. Additional highlights include communal private parking.

Investment details

It currently produces an annual gross income of £10,200, with tenants currently situated. Considering the purchase price and the potential rental income that could be earned in future years, 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 been residing in the property for more than a year and have consistently paid their rent on time. They do not plan to move out and wish to continue their tenancy.

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.

Mortgage calculator

Monthly repayment

£595 per month

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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

More information

  • Tenure

    Leasehold (138 years)

  • Service charge

    £3,144 per year

  • Council tax band

    B

  • Ground rent

  • Ground rent date of next review

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