Property features

Sold with a long-term sitting tenant in situ.
Current rental income of £600 PCM £7,200pa
Well maintained throughout
Turnkey investment with immediate income
Popular residential location with strong tenant demand
Gas central heating and double glazing

2 bed terraced house to buy in NE11

For Sale – Turnkey Tenanted Investment | Two-Bedroom End-Terrace House | Gateshead

An excellent opportunity to acquire a well-maintained, turnkey investment property, sold with a long-standing sitting tenant currently paying £600 PCM (£7,200 per annum).

Situated in a popular residential area of Gateshead, this attractive two-bedroom end-terrace home has been well cared for throughout and offers an immediate rental income from day one, making it an ideal addition to any investment portfolio.

The accommodation briefly comprises a welcoming reception room, a fitted kitchen, two well-proportioned bedrooms and a modern bathroom. The property has been maintained to a good standard throughout, providing comfortable accommodation that continues to appeal to tenants.

Further benefits include gas central heating and double glazing throughout, ensuring year-round comfort and improved energy efficiency.

Located close to a wide range of local amenities, schools and excellent transport links, the property enjoys a convenient position with strong rental demand and easy access to Gateshead, Newcastle and the surrounding areas.

Heating supply: Gas
Electricity supply: National Grid
Water supply: Direct mains water
Sewerage supply: Standard UK domestic

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These results are for a repayment mortgage and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Land Tax rates are based on UK government guidelines and are subject to change. This calculator is for guidance only. Please consult a qualified professional for advice on your specific circumstances.