Popular
Total views: 500+
MapOffers in excess of
£62,0002 bedroom apartment for sale
Old Durham Road, Gateshead
Apartment
2 beds
1 bath
688 sq ft / 64 sq m
EPC rating: D
Key information
Features and description
Upper 2-Bedroom Flat on Old Durham Road, Gateshead – Investment Opportunity
This upper 2-bedroom flat on Old Durham Road, Gateshead, is an ideal investment, listed at £65,000. Located in a popular area, this property offers significant potential for value appreciation with some modernisation. Featuring a spacious lounge, a double bedroom, a single bedroom, and a large bathroom, it provides ample living space for potential tenants or future buyers.
Investment Highlights
Price: £65,000
Modernisation Required: Opportunity to add value with updates
Tenure: Leasehold with 982 years remaining (999-year lease from 2007)
Property Details
Floor Area: 688 ft² / 64 m²
Bedrooms: 2 (1 double, 1 single)
Large Bathroom and lounge
Council Tax Band: A (estimated at £1,634 annually)
EPC Rating: Current 60 - D, Potential 76 - C
Local Information
Local Authority: Gateshead
Conservation Area: No
This property presents a promising investment with a long lease term, affordable price, and potential for upgrades to increase its rental yield and market value. Contact us for further details or to arrange a viewing.
Council Tax Band: A
Tenure: Leasehold
Lease Years Remaining: 982
Ground Rent: £0.00 per year
Ground Rent Review Period: 0 years
Ground Rent Increase: 0%
Service Charge: £0.00 per year
This upper 2-bedroom flat on Old Durham Road, Gateshead, is an ideal investment, listed at £65,000. Located in a popular area, this property offers significant potential for value appreciation with some modernisation. Featuring a spacious lounge, a double bedroom, a single bedroom, and a large bathroom, it provides ample living space for potential tenants or future buyers.
Investment Highlights
Price: £65,000
Modernisation Required: Opportunity to add value with updates
Tenure: Leasehold with 982 years remaining (999-year lease from 2007)
Property Details
Floor Area: 688 ft² / 64 m²
Bedrooms: 2 (1 double, 1 single)
Large Bathroom and lounge
Council Tax Band: A (estimated at £1,634 annually)
EPC Rating: Current 60 - D, Potential 76 - C
Local Information
Local Authority: Gateshead
Conservation Area: No
This property presents a promising investment with a long lease term, affordable price, and potential for upgrades to increase its rental yield and market value. Contact us for further details or to arrange a viewing.
Council Tax Band: A
Tenure: Leasehold
Lease Years Remaining: 982
Ground Rent: £0.00 per year
Ground Rent Review Period: 0 years
Ground Rent Increase: 0%
Service Charge: £0.00 per year
About this agent
Rent North East - Gateshead
412, Aidan House Business Center
Gateshead, Tyne & Wear
NE8 3HU
0191 392 0343Rent North East is a multi award winning property management and lettings agency, offering top rated property management and lettings services across the North East. With a strong local presence in Gateshead, Newcastle and Sunderland as well as the surrounding areas, Rent North East are well placed to let and manage properties across the North East. Rent North East are leading innovators, with a fully online system, enabling applicants to rent a property from the comfort of their homes, and landlords to keep track of progress via their online portal. Our trademark excellent customer service ensures that all properties are online within 48 hours of instruction, and that all enquiries are attended to within 24 hours. So, get in touch, and discover the difference. ----------------------------------------------------------------------------------------- 10Homes. Focused Selling. Focused A 10Homes agent only takes on 10Homes at any time, so that they have the time, resources and motivation that they need to properly focus on getting the best results for you. Better results Buyer information packs, reservation agreements, and online bidding help us to move quicker, secure the best price from a genuine buyer, and to get to completion quicker. The best local agents Every 10Homes agent has significant top level estate agency experience, and has superb local knowledge and practical experience to help get you the results that you need.