Summary - 40 Cameronian Square, Worsdell Drive, GATESHEAD NE8 2DB
2 bed 1 bath Flat
**Standout Features:**
- 2-bedroom flat in Gateshead’s cosmopolitan student neighborhood
- Currently occupied by long-term tenants, generating consistent rental income
- Annual gross income of £14,400, making it a lucrative buy-to-let investment
- Spacious lounge and modern kitchen
- Good access to local amenities and excellent mobile and broadband connectivity
**Potential Concerns:**
- Located in an area with high crime rates
- Leasehold tenure may have additional considerations for buyers
This modern 2-bedroom flat in Gateshead presents an exceptional opportunity for serious investors and developers looking to expand their portfolio. Conveniently situated in a vibrant student neighborhood, this flat boasts a spacious lounge and a modern kitchen, perfect for attracting quality long-term tenants. Currently generating an annual income of £14,400, the property is an attractive investment; with existing tenants expressing no intention to vacate, cash flow is secure.
Surrounded by essential amenities and excellent transport options, including bus services and nearby schools, it offers the potential for future growth and rental returns. While the area’s high crime rate may be a consideration for some buyers, the combination of location and property condition makes this listing a compelling prospect that won't last long on the market. Don't miss out on the chance to add a valuable asset to your investment portfolio!
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