2 Bed Flat, Single Let, Gateshead, NE9 6QY, £74,000

Causeway, Gateshead, NE9 6QY - 2 months ago

Leasehold
BTL
ROI: 9%
~68 m²
+15 photos

ValuationUndervalued











Cashflows



































Property History

Price changed to £74,000

March 16, 2025

Price changed to £76,000

March 4, 2025

Price changed to £78,000

February 20, 2025

Listed for £80,000

January 29, 2025

Description

  • Buy-to-Let Opportunity +
  • Long Term 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 £6,360 which the new owner could increase to a market rate of £8,520 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 Sales is committed to facilitating a smooth transaction process. To ensure maximum commitment from both parties to the sale, a fully refundable buyer's premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non-completion.

Agent Details

Let Property Sales & Management, Glasgow

0141 673 7973

Next Steps?

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

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