Property Details: - Type: Flat - Bedrooms: 1 - Bathrooms: 1

Agent: Let Property - Glasgow Phone: 0141 376 3809

<p>Our latest listing is a 1-bedroom flat located in Gateshead. It is conveniently close to essential amenities, offers strong potential for rental returns, and has a tenant in residence.<br/></p><p>For investors looking to expand their portfolio, this is a fantastic opportunity!<br/></p><p>This property offers one bedroom, a lounge, a kitchen with dining, and a three-piece bathroom. Residents also benefit from on-street parking and a communal front garden.<br/></p><p>Investment details<br/></p><p>It currently generates an annual gross income of £5,520, with tenants currently residing there. Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investor's property portfolio.<br/></p><p>Please see the Let Property Pack linked below for greater details on this property's investment potential.<br/></p><p>If you are interested, please call us.<br/></p><p>Tenancy Details<br/></p><p>The current tenants have been residing in the property for 9 years and have consistently paid their rent on time. They do not plan to move out and wish to continue their tenancy.<br/></p><p>Let Property is committed to facilitating a smooth transaction process between buyer and seller. To ensure maximum commitment to the sale from both parties, a Buyer's Premium will be applied to secure a property.<br/></p><p><br/></p>