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2 bedrooms apartment for sale in Gateshead, United Kingdom

134 500£

Worsdell Drive‚ Gateshead‚ NE8

Features

  • Apartment with front balcony
  • Good location
  • Fitted kitchen
  • Parking
  • En-suite
  • Two bedrooms

Property description

From a buyer's perspective, this property at Worsdell Drive, Gateshead, NE8 offers a fantastic opportunity for both real estate investment and lifestyle purchase. For £134,500, you'll be acquiring a well-positioned three-floor apartment within the Willbrook House development. Accessible through an elevator or stairs, the apartment provides convenient living spaces. Considering the investment aspect, the property's current market price seems attractively priced in the current real estate market. With potential rental income of around £700-£800 per month or a 6% yield, it could be an excellent investment opportunity. Additionally, this property's sought-after location in Gateshead means that capital appreciation is likely to continue, especially if further developments and investments are made in the area. From a lifestyle perspective, residing on the third floor of Willbrook House provides a fun, convenient, and safe environment. Much maintenance and hassle are associated with external amenities. It is also an excellent location for individuals seeking lower living costs compared to neighboring areas, and being close to essential services and recreational facilities, makes for a comfortable and convenient lifestyle. In summary, investing in this property at Worsdell Drive, Gateshead, NE8 has the potential to be both a profitable and enjoyable investment. The balanced mix of good value, a popular location, and the convenience of local amenities appeals to a variety of potential buyers, from first-time buyers to intelligent investors.

Location

Date added: 24.07.2024

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