2 bed flat for sale

Chandos Street, Gateshead NE8

• Tenant in situ
• Rental income of £650 pcm (£7,800 per annum)
• Purchase price: £75,000
• Approximate gross yield: 10.4%
• Two-bedroom flat
• Immediate return on investment
• Popular rental location
• Ideal addition to an investment portfolio

Ground floor

Entrance Hallway
A bright and welcoming entrance hallway providing access to the principal bedroom and living room.

Master Bedroom
Situated to the front of the property, this spacious double bedroom benefits from high ceilings, neutral décor and a double glazed window, creating a bright and airy living space.

Living Room
A generous reception room finished in neutral tones with grey fitted carpet, a central heating radiator and a double glazed window, offering a comfortable space for relaxing or entertaining.

Kitchen
A well-appointed galley-style kitchen fitted with a range of white wall and base units complemented by laminate worktops and a single drainer sink. Integrated appliances include an electric oven with four-ring gas hob and extractor hood. Further benefits include spotlight lighting, tiled flooring, a double glazed window and a door providing access to the shared rear yard.

Bedroom Two
A well-proportioned single bedroom accessed from the living room. The room offers ample space for a bed, wardrobe and additional furniture and is finished with neutral décor, grey fitted carpet, a central heating radiator and a double glazed window.

Family Bathroom
Fitted with a white three-piece suite comprising a panelled bath with overhead shower, wash hand basin and low-level WC. The bathroom also benefits from tiled splashbacks, a central heating radiator, vinyl flooring and a double glazed window to the rear elevation.
Outside

Front
The property benefits from on-street parking to the front.

Rear

To the rear is a clean and well-maintained shared yard providing external access and outdoor space.

Disclaimer

Please note that the photographs used within this listing were taken prior to the commencement of the current tenancy. The tenant has since made changes to the decoration and presentation of the property. The images are provided for illustrative purposes only and prospective purchasers should not rely upon them as an exact representation of the property's current appearance.

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