Gateshead NE10

GBP 270,000
For Sale

Property Details

Bedrooms

8

Bathrooms

4

Property Type

Flat

Description

Property Details: - Type: Flat - Bedrooms: 8 - Bathrooms: 4

Agent: Lightning Estates - Tyne & Wear Phone: 0191 392 0321

<p>Investment Portfolio For Sale – Gateshead NE8 & NE10 – £27,600 Annual Income<br/><br/>An ideal turnkey investment opportunity – a portfolio of four fully let residential properties in high-demand rental locations across Gateshead. This package includes three lower Tyneside flats and one mid-terraced house, all currently producing a combined rental income of £27,600 per annum.<br/><br/>Portfolio Breakdown:<br/>1. 16 Noble Street, NE10 0HP<br/>* 2-bedroom mid-terraced house<br/>* Well-maintained with gas central heating and double glazing<br/>* Located in a popular rental area<br/>* Let on an assured shorthold tenancy (AST)<br/>2. 6 Uxbridge Terrace, NE10 0HL<br/>* 2-bedroom lower flat<br/>* Let on AST<br/>3. 32 Bensham Crescent, NE8 2YB<br/>* 2-bedroom lower Tyneside flat<br/>* Let on AST<br/>4. 26 King Edward Street, NE8 3QP<br/>* 2-bedroom lower Tyneside flat<br/>* Let on AST<br/><br/>Financial Summary:<br/>• Total annual rental income: £27,600<br/>• Fully let with tenants in situ<br/>• Attractive gross yield potential<br/><br/>Location Highlights:<br/>• Excellent access to Newcastle city centre, A1(M), and public transport<br/>• Well-established rental areas with proven demand<br/>• Suitable for both first-time and seasoned investors<br/><br/>For further details including tenancy schedules, EPCs, and to arrange a viewing, please get in touch.<br/><br/>Serious buyers only – sold as a complete portfolio.</p>

Location

Address

Gateshead NE10

City

N/A

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