Offers over £85,000

2 bed ground floor flat for sale in Gosforth Terrace, Gateshead (ref: RS0326)

Shortlist

Key features

  • No Chain
  • On-Street Parking
  • Great Location
  • Investment Potential
  • Rental Demand
  • First Time Buyer
Welcome to Gosforth Terrace. This property is a two-bedroom, one-bathroom ground floor flat on Gosforth Terrace, Gateshead (NE10).

Great Investment- Tenant in Situ:

This property comes with a fantastic investment opportunity as it currently has a tenant in situ. Whether you're an experienced investor or looking to start your property investment journey, having a reliable tenant already in place provides immediate rental income of £695 pcm and reduces any initial void periods.

Prime Location Close to Newcastle City Centre:

Enjoying a prime location with easy access to essential amenities as well as being only a 15 minute drive from Newcastle City Centre, and 10 minute walk to Pelaw Metro Station. Its convenient position ensures the property will always attract tenants.

No Chain:

The property is offered for sale with no onward chain, streamlining the buying process and allowing for a smooth, hassle-free and most importantly quick transaction. Buyers can proceed with confidence, knowing that there are no delays or complications associated with a chain.

As you enter the property, you'll find a spacious double bedroom to the right, fitted with brand new carpets - which have also been installed throughout the home - and freshly painted walls, giving a clean and modern feel.

Off the entrance hallway is a bright living room that features a slight alcove and chimney breast, creating a natural space for a fireplace or media unit and adding character to the room.

The galley-style kitchen comes with an integrated oven and hob, along with tiled splashbacks for easy maintenance.

There is also a single bedroom and a newly fitted bathroom finished in a marble-effect style, complete with a bath, overhead shower, and a detachable handheld shower head.

Externally, the property benefits from on-street parking to the front and a small shared yard to the rear.

This house is located near many local amenities such as a hospital, schools, shops, takeaways, and other everyday necessities. It is also only a 15 minute drive into Newcastle Town Centre, and a 10 minute walk to the nearest metro station, for easy travelling.

Early viewing is highly recommended.

Council Tax Band: A (Gateshead Council)
Tenure: Leasehold (974 years)
999 from 1999
Electricity supply: Mains
Heating: Gas Mains
Water supply: Mains
Sewerage: Mains


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Stamp duty due

Based on a sale price of £85,000 the total amount of stamp duty payable will be:

*

Last updated: The calculator has been updated to reflect changes in stamp duty following the Mini Budget on 23rd September 2022.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

7 Property images

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Further details

  • New Listing: launched in the last 10 days
  • Status: Available
  • Council tax band: A
  • Tenure: Leasehold
  • Reference: 592343

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