2 Bed Flat, Single Let, Gateshead, NE10 0QL, £59,000

York Street, Gateshead, NE10 0QL - 2 months ago

BTL
ROI: 17%
~68 m²
+4 photos

ValuationUndervalued











Cashflows



































Local Area Statistics

Population in NE10

35,991

Population in Gateshead

122,353

Town centre distance

1.80 miles away

Nearest school

0.10 miles away

Nearest train station

0.30 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+32%

Sales demand

Seller's market

Capital growth (5yrs)

+26%

Property History

Listed for £59,000

January 11, 2025

Description

MUST BE SOLD AS A PAIR WITH THE UPSTAIRS FLAT
Both properties are on 1 Title Register so must be sold together
Investment opportunity Daniel craig residential brings to the market a 2 bed ground floor flat in need of total refurbishment.  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. 
FREEHOLD

Agent Details

Daniel Craig Residential, Gateshead

0191 265 6555

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪