3 bedroom end of terrace house for sale

If you're looking to invest in a property that promises both current rental income and future growth potential, this terraced house on High Street, Gateshead is the perfect opportunity for you.

Situated in a prime location, this property boasts three bedrooms, making it ideal for a small family or young professionals seeking a comfortable living space. The house features an en suite bathroom in the master bedroom.

One of the standout features of this property is its rear garden, providing a private outdoor space for relaxation or entertainment.

Currently, the property is tenanted, with tenants in place who are paying £500 per calendar month. This immediate rental income offers you a steady cash flow from day one, making it an attractive option for investors looking to start earning returns right away.

Moreover, the potential to increase the rent presents a lucrative opportunity to maximize your rental yield in the future. With some cosmetic updates or minor improvements, you can enhance the property's value and command a higher rental income, increasing your overall return on investment.

Don't miss out on this chance to own a three-bedroom house in a sought-after location with excellent rental prospects. Take advantage of the current rental income, unlock the property's potential, and start your real estate investment journey with this promising asset on High Street, Gateshead. Contact us today to learn more.

We have photographs of the neighboring property, which is of the same style, and can email them upon request.

For sale by Modern Auction – T&C's apply

This property is for sale by the Modern Method of Auction.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyer’s solicitor. This time allows buyers to get in place any mortgage finance required (subject to lending criteria, affordability and survey).

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Roger Gilbert at Greetham Gilbert on [use Contact Agent Button].

The buyer will be required to sign a Reservation Agreement and make payment of a non-refundable Reservation Fee. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Buyers will be required to go through an identification verification process and provide proof of how the purchase would be funded.

*Guide Price: This is an indication of the seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction.

A Legal Pack will be made available for this property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding.

TO MAKE A BID or REQUEST A LEGAL PACK – Please contact our office for more details.