2 Bed Flat, Single Let, Gateshead, NE8 3QD, £50,000

Howard Street, , NE8 3QD - 15 views - 3 months ago

BTL
ROI: 24%
~68 m²
+1 photos

ValuationUndervalued











Cashflows



































Local Area Statistics

Population in NE8

32,358

Population in Gateshead

122,353

Town centre distance

0.94 miles away

Nearest school

0.20 miles away

Nearest train station

0.32 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+64%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £50,000

December 16, 2024

Description

MUST BE SOLD AS A 2 WITH 3 BED UPSTAIRS FLAT

Investment opportunity Daniel craig residential brings to the market a 2 bed ground floor flat in need of total refurbishment. This is being sold as part of a pair of flats with the 3 bedroom upper flat (advertised separately £70k). The pair of flats total £120k asking price.  The property consists of a large double bedroom to the front of the property with a bay window. There is smaller second bedroom at the rear of the property.  The living room is situated in the middle of the flat with the kitchen and bathroom at the rear of the property. There is a shared back yard flat with the upstairs which is owned by the same vendor.  As stated earlier, this flat is in total need of refurbishment from top to bottom.

Agent Details

Daniel Craig Residential, Gateshead

0191 265 6555

Next Steps?

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