Summary -
35 The Armstrong,Tynemouth Pass,GATESHEAD,NE8 2GW
NE8 2GW
2 bed 2 bath Flat
Turnkey rental with immediate yield and communal parking for investor portfolios.
- Two bedrooms and two bathrooms, approx. 689 sq ft
- Communal private off-street parking for residents
- Produces £10,200 gross annual income with tenant in situ
- Leasehold with c.138 years remaining
- Located in deprived area with high local crime rates
- Fast broadband and excellent mobile signal on site
- Buyer’s premium applies to secure the purchase
- Tenant has occupied property over a year and wishes to stay
A two-bedroom, two-bathroom apartment in The Armstrong, offered with a sitting tenant and producing a current gross annual income of £10,200. The flat measures around 689 sq ft, sits in a modern multi-storey block and includes communal private off-street parking—features that suit buy-to-let portfolios seeking immediate income.
The property is leasehold with approximately 138 years remaining and benefits from fast broadband and excellent mobile signal. It is located in a major conurbation close to local amenities and public transport links, which supports tenant demand. The current tenancy has been in place for over a year with consistent rent payments and tenants who wish to remain.
Important considerations for investors: the area records higher crime levels and is classified as deprived, which can affect long‑term capital growth and lettability to some tenant types. A buyer’s premium applies to secure the purchase. Prospective purchasers should review the Let Property Pack and tenancy paperwork carefully before committing.
This listing is positioned as an income-producing addition to an investor’s portfolio. It suits buyers seeking a ready-made rental with immediate cashflow, but it will also need considered tenant management and awareness of local area challenges.
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