Two-bedroom vacant flat in Gateshead

A vacant two-bedroom flat situated in a popular and well-connected location in Gateshead. The property comprises a bright and airy living room, a well-appointed kitchen, two spacious bedrooms, and ample storage throughout. Presented in walk-in condition, the flat is ideal for first-time buyers, downsizers, or buy-to-let investors seeking a readily lettable home with potential rental income of £1,000 per month (£12,000 per annum) based on current market rates. The property benefits from a lease with approximately 103 years remaining, with an average monthly ground rent of £12.50 and an average monthly service charge of £316.00. Gateshead offers excellent access to everyday amenities, including shops, supermarkets, cafés, restaurants, parks, green spaces, and local schooling. Professionals will appreciate the convenient transport links providing easy access into Newcastle city centre and surrounding areas.