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2 Bed Flat, Cash/Bridging Only, Gateshead, NE8 4EP £74,000

Ripon Street, Gateshead, NE8 4EP - 7 months ago
  1. Deal Search
  2. Gateshead
  3. NE8
  4. NE8 4EP
Leasehold
Cash
ROI: 4%
~68 m²

ValuationFair Value

This may not be accurate, please check manually.

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Links

  • More Deals in Gateshead
  • More Deals in NE8
  • More Cash/Bridging Only Deals
  • More Cash/Bridging Only Deals in Gateshead
  • More Cash/Bridging Only Deals in NE8

Property History

Price changed to £74,000

November 7, 2025

Price changed to £78,000

October 30, 2025

Listed for £80,000

May 13, 2025

Sold for £22,700

2003

Description

  • Buy-to-Let Opportunity +
  • Long Term Tenant Currently Situated +
  • Likely to attract enquiries from Serious Investors & Developers +
  • Spacious room +
  • Parking Space Available +
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack) +
  • Cash Offer Only +

Our latest listing is a 2 bedroom flat located in Gateshead. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated.

For investors looking to expand their portfolio, this is a fantastic opportunity!

This well-kept home features 2 bedrooms, lounge, kitchen, bathroom and street parking.

Investment details

It currently produces an annual gross income of £7,140 which could be increased by the new owner to a market rate of £7,560 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

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 the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

We are committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.

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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Investment Opportunity

This may not be accurate, please check manually.

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