1 bed flat for sale

Mill Road, Gateshead NE8

Our latest listing is a 1-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 one bedroom, a lounge, a kitchen with a dedicated office area, and a three-piece bathroom. Additional features include communal private parking and a communal front garden.

Investment details

It currently generates an annual gross income of £9,780, with tenants currently residing there. 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 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 ensure maximum commitment to the sale from both parties, a Buyer's Premium will be applied to secure a property.