Summary - 70 CAUSEWAY GATESHEAD NE9 6QY
2 bed 1 bath Flat
**Standout Features:**
- Two-bedroom flat in Gateshead
- Current tenants provide steady rental income
- Annual income potential of £6,360, market rent can reach £8,520
- Well-maintained with modern interiors
- Easy access to local amenities and transportation
- Mixed-use potential with ground-floor commercial space
**Concern:**
- Located in an area with above-average crime rates
- Leasehold tenure may affect long-term investment strategy
This charming two-bedroom flat in Gateshead offers a lucrative buy-to-let opportunity for astute investors. Situated above a commercial unit, this well-maintained property boasts a modern interior with a spacious lounge, practical kitchen, and a comfortable bathroom. With current long-term tenants, the flat generates an annual gross income of £6,360, with the potential to increase to £8,520, making it an appealing addition to any property portfolio.
Situated in an urban setting, you'll enjoy immediate access to essential amenities including social clubs, healthcare facilities, and public transport, catering to the needs of families and professionals alike. The area is characterized as having a diverse demographic, which creates a steady demand for rental properties. The flat promises a solid investment, however, be mindful of the above-average crime rate in the area. Seize this chance to secure a well-performing rental unit—opportunities like this won’t last long!
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