Summary - 185 SALTWELL ROAD GATESHEAD NE8 4TL
2 bed 1 bath Flat
**Standout Features:**
- 2-bedroom flat with tenant in situ
- Generates annual gross income of £5,864
- Conveniently close to amenities in Gateshead
- Communal rear garden
- Average crime rate and excellent mobile signal
- Fast broadband speeds
**Notable Concerns:**
- Leasehold tenure
- Located in an area classified as "very deprived"
- Potential for maintenance due to dated interior decor
This charming 2-bedroom flat in Gateshead offers an exceptional investment opportunity perfect for serious investors and developers. Currently tenanted, this property generates a steady income of £5,864 annually, providing immediate cash flow. With an average size of 797 sq. ft., the flat features a comfortable lounge, a three-piece bathroom, and access to a communal rear garden.
Located in an area with a constrained rental market and surrounded by essential amenities, this property is appealing for those looking to expand their portfolio. **Note**: the flat is leasehold, and while it’s structurally sound, expect some upkeep due to dated décor. Don't miss out on this promising investment – with high demand for rental properties in Gateshead, properties like this won't last long!
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