2 Bed Flat, Single Let, Gateshead, NE9 7AF, £55,000

Acomb Court, Gateshead, Tyne and Wear, NE9 7AF - 3 views - a month ago

Leasehold
BTL
ROI: 20%
~68 m²
+4 photos

ValuationUndervalued











Cashflows



































Local Area Statistics

Population in NE9

37,590

Population in Gateshead

122,353

Town centre distance

1.26 miles away

Nearest school

0.40 miles away

Nearest train station

2.28 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-41%

Sales demand

Seller's market

Capital growth (5yrs)

+7%

Property History

Listed for £55,000

February 4, 2025

Description

  • First Floor Apartment +
  • Gas Central Heating +
  • UPVC Double Glazing +
  • Great Views +
  • Currently Gross 10% Yield +

Situated on the first floor, enjoying fantastic views, this two bedroom flat is a great rental opportunity. Features include gas central heating, double glazing, lift and stairs from the secure communal entrance and ample communal parking. Road links are excellent with easy access o the A1, and a short bus ride to Newcastle, Gateshead plus many others, and the QE hospital is near by.
The accommodation comprises a communal entrance with stairs and lift to all floors, hallway, lounge, two bedrooms, kitchen and bathroom.

Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 107

Agent Details

Pattinson Estate Agents, Low Fell

0191 625 0999

Next Steps?

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