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2 bedroom End Terrace House for sale, Saltwell Street, Gateshead, Tyne and Wear, NE8
Features and Description
- Two Bedroom End Terrace House
- Spacious Lounge And Dining Room
- Excellent First Time Buy
- Close To Local Amenities
- Council Tax Band A
- EPC Rating C
An excellent opportunity for investors or first-time buyers, this two-bedroom end-terrace home is available with no chain and can be sold with a tenant in situ or with vacant possession.
Currently let at £600 per month, the property achieves a gross yield of approximately 6% based on the asking price making it an ideal option for first-time investors or those looking to expand their portfolio.
Comparable homes in the area have rented for up to £900 per month, depending on condition and presentation, suggesting strong potential for increased returns.
Please note, this property will require a Selective Landlord Licence. Further information is available via Gateshead Council.
The home has a valid EICR until September 2028and Gas safety certificate until 22nd November 2025 (which will be renewed) and is currently having a new EPC produced.
Two Bedroom End Terrace House with spacious lounge with feature fire place and separate dining room.
The kitchen is fitted with wall and floor units, integrated oven and hob with extractor over.
There is also access to the rear for bin storage and a rear access gate to the lane.
The property also boasts two good sized bedrooms, bedroom one being an L shaped room with an area for clothes storage and feature fire.
The bathroom is complimented with a bath with shower taps, wash hand basin and toilet.
The property is Freehold
MAKING AN OFFER Please note that all offers will require financial verification including mortgage agreement in principle, proof of deposit funds, proof of available cash and full chain details including selling agents and solicitors down the chain. Under New Money Laundering Regulations we require proof of identification from all buyers before acceptance letters are sent and solicitors can be instructed.
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Additional Information
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Property refQLF250298
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TenureFreehold
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Council TaxA
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Local authorityGateshead Council