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Two-bedroom flat in Bensham

Gateshead, NE8 - Get Access

2 bed 1 bath

Description

This tenanted two-bedroom flat is located in a prime location in Bensham, Gateshead. The accommodation comprises a welcoming entrance, two spacious bedrooms, a well-equipped kitchen, a modern bathroom, and a cosy living room, with ample storage throughout. This property represents a buy-to-let opportunity, currently achieving a rental income of £500 per month, equating to £6,000 per annum, and offering potential for capital appreciation and rental growth. Bensham is a vibrant area offering local amenities, schools, and transport links with easy access to Newcastle city centre.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 657 sq ft (EPC)

Valuing this two-bedroom flat involved reviewing similar properties on Stephenson Street and adjusting for local market norms. The internal floor area of 657 sq ft was assessed alongside observed condition factors, notably the need for kitchen, bathroom, and cosmetic updates.

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