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Eastbourne Avenue, Gateshead, Tyne And Wear, NE8

PROPERTY TYPE

Terraced

BEDROOMS

6

BATHROOMS

2

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Conversion Potential: Upper property includes a box room that could be converted for added value or utility.
  • Prime Location: Situated in Gateshead, with excellent transport links to Newcastle and access to thriving local amenities.
  • Freehold Properties: Both properties are freehold, offering long-term investment security.
  • Strong Rental Income: Combined monthly rental income of £1,400, with potential to increase to £1,500.

Description

Two Freehold Investment Properties Offering Strong Rental Returns

Presenting a fantastic opportunity for investors, this pair of tenanted freehold properties in Gateshead combines stable rental income with potential for future growth.

Property 1 - 61 Upstairs
This spacious upper-floor property boasts one bedroom, one bathroom, and an additional box room with conversion potential. Currently achieving £800pcm, with scope to increase to £900pcm, this property is ideal for tenants seeking versatile and modern living space.

Property 2 - 63 Downstairs
Located on Eastbourne Avenue, this well-maintained ground-floor unit offers comfortable living and a reliable tenant paying £600pcm. Its freehold status ensures long-term investment value with minimal complications.

Local Area Insights
Situated in a popular residential area of Gateshead, the properties benefit from excellent transport links to Newcastle City Centre and the wider North East. With a growing demand for rental properties in the region, Gateshead is becoming a hub for young professionals and families alike, thanks to its vibrant local amenities, proximity to major employers, and strong community feel.

Investment Potential
Combined, these properties generate £1,400pcm in rental income, with room for growth. Their freehold status offers security and flexibility for investors looking to expand their portfolio with low-maintenance assets in a high-demand area.

Act fast-opportunities like this in Gateshead don't last long! Contact us today to discuss the potential of these exceptional investment properties.
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Eastbourne Avenue, Gateshead, Tyne And Wear, NE8

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About Sell Your Tenanted Property, Rutherglen

Suite 4, Aspire Business Centre, Farmeloan Road, Rutherglen, Glasgow, G73 1DL

At SellYourTenantedProperty.com, we are dedicated to creating seamless transitions in the investment property market. Our speciality lies in facilitating the sale of properties that are

currently occupied by tenants, directly to interested landlords.

This unique focus allows both sellers and buyers to enjoy the benefits of a transaction that respects the continuity of tenancy, ensuring that investment properties continue

generating income without interruption. With a deep understanding of the intricacies involved in tenanted real estate, we provide expert guidance through the entire sales

process, from valuation to closing. Whether you're looking to expand your portfolio with income-producing properties or aiming to sell your tenanted asset, SellYourTenantedProperty.com is your trusted partner in achieving your real estate investment goals.

Your mortgage

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Years
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Monthly repayments
£977
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Disclaimer - Property reference DAVIDJONESPROPERTY. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Sell Your Tenanted Property, Rutherglen. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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