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No longer on the market

This property is no longer on the market

Street View
Living Room
Kitchen
Bedroom 1
Bedroom 2
Rear
Picture No. 14

2 bedroom maisonette

Maisonette
2 beds
1 bath
683
Added > 14 days

Key information

TenureShare of freehold
Council taxBand A
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Ground Floor Maisonette
  • Great Investment Opportunity
  • 2 Bedrooms
  • Sold Tenants in Situ - 6.75% Yield
  • 683 Sq. Ft
  • Rear Garden/Courtyard
  • Share of Freehold
  • Long Lease - 980 Years Remaining
  • Close to Amenities
  • Short-Walk to Saltwell Park
* TENANTS IN SITU - INVESTORS ONLY *

This two-bedroom ground floor maisonette on Saltwell Road, Gateshead presents an excellent investment opportunity with tenants already in place generating £480 per month rental income. Currently achieving a 6.75% yield, this property offers immediate returns for the savvy investor while maintaining potential for future value growth.

The maisonette's layout includes a spacious living room, fitted kitchen, two well-proportioned bedrooms, and a family bathroom. The larger bedroom offers particularly generous dimensions, while the second bedroom provides flexible accommodation. The property benefits from a practical floor plan that maximizes available space and functionality.

Located in a popular residential area of Gateshead, the property sits within easy reach of local amenities. Saltwell Park, one of the region's finest examples of a Victorian park, is just a short walk away. The property offers excellent transport links, with Gateshead town centre approximately 15 minutes' walk away and regular bus services running along Saltwell Road connecting to Newcastle city centre.

With tenants already in place providing immediate rental income, this property represents a ready-made investment opportunity. The consistent yield and established rental history make this an attractive proposition for both new and experienced investors. Early viewing is strongly recommended to appreciate the investment potential on offer.

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About this agent

Sold.co.uk - London
Sold.co.uk - London
First Floor, 50 St Mary Axe London EC3A 8FR
020 3641 8830
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