Summary - 1a Stowell Terrace NE10 0NX
3 bed 1 bath Flat
**Standout Features:**
- Tenanted three-bedroom flat with an 8% gross yield
- Spacious lounge/dining area and modern fitted kitchen
- Double glazing, gas central heating, and low council tax band (A)
- Excellent transport links and local amenities nearby
- Shared rear yard and on-street parking available
**Concise Property Summary:**
This inviting three-bedroom first-floor flat in Gateshead offers an attractive opportunity for investors, currently tenanted on a rolling contract, yielding a robust 8%. The property features a well-lit lounge/dining area, modern kitchen, and a family bathroom, providing comfortable living spaces for tenants or potential homeowners. Positioned on Stowell Terrace (NE10 0NX), it boasts excellent transport links, with Felling Metro Station just a short walk away, ensuring quick access to Newcastle city center and surrounding areas.
While the area presents challenges with above-average crime rates and high deprivation, its proximity to local shops, schools rated 'Good' by Ofsted, and a thriving community atmosphere make it a desirable spot for renters. Recent renovations, such as double glazing and gas central heating, enhance comfort, though there is room for further improvement in insulation. With a price tag of just £95,000, don’t miss the chance to secure this investment in a rapidly evolving locale. Schedule your viewing today before it's gone!
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