Saltwell Road, Gateshead, Tyne and Wear, NE8
- PROPERTY TYPE
Maisonette
- BEDROOMS
2
- BATHROOMS
1
- SIZE
683 sq ft
63 sq m
Key features
- Ground Floor Maisonette
- Great Investment Opportunity
- 2 Bedrooms
- Sold Tenants in Situ - 6.75% Yield
- 683 Sq. Ft
- Rear Garden/Courtyard
- Share of Freehold
- Long Lease - 980 Years Remaining
- Close to Amenities
- Short-Walk to Saltwell Park
Description
This two-bedroom ground floor maisonette on Saltwell Road, Gateshead presents an excellent investment opportunity with tenants already in place generating £480 per month rental income. Currently achieving a 6.75% yield, this property offers immediate returns for the savvy investor while maintaining potential for future value growth.
The maisonette's layout includes a spacious living room, fitted kitchen, two well-proportioned bedrooms, and a family bathroom. The larger bedroom offers particularly generous dimensions, while the second bedroom provides flexible accommodation. The property benefits from a practical floor plan that maximizes available space and functionality.
Located in a popular residential area of Gateshead, the property sits within easy reach of local amenities. Saltwell Park, one of the region's finest examples of a Victorian park, is just a short walk away. The property offers excellent transport links, with Gateshead town centre approximately 15 minutes' walk away and regular bus services running along Saltwell Road connecting to Newcastle city centre.
With tenants already in place providing immediate rental income, this property represents a ready-made investment opportunity. The consistent yield and established rental history make this an attractive proposition for both new and experienced investors. Early viewing is strongly recommended to appreciate the investment potential on offer.
- 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.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Saltwell Road, Gateshead, Tyne and Wear, NE8
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Visit our security centre to find out moreDisclaimer - Property reference SLD250149. 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 Sold.co.uk, London. 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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