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2 bedroom Mid Terrace House for sale, Fern Dene Road, Gateshead, NE8
Features and Description
- Two Bed Mid Terraced House
- No Chain Involved
- Investment Opportunity
- Approx. Floor Area 872 sq FT or 81 sq M
- Council Tax Band A
- EPC RATING D
Mid terraced house with no chain involved. Ideal for investors or First Time Buyers.
This property presents a fantastic investment opportunity, currently let on a 12-month tenancy agreement until 23rd November 2025, generating a rental income of £725 per calendar month.
At the current asking price, the property offers a gross yield of approximately 7.25%, making it an ideal choice for investors seeking strong returns from day one.
The property has a valid Electrical Installation Condition Report until 19th February 2026, a Gas Safety Certificate (CP12) until 1st November 2025 and Energy Performance Certificate until 1st February 2031.
The property features an entrance lobby, spacious lounge with bay window, inner hall with stairs to first floor, dining room to rear. Well equipped kitchen with oven and hob.
First floor landing with access to loft space and storage cupboard, double bedroom to front with bay window, rear double bedroom and partially tiled bathroom/WC with white suite and shower.
Private and enclosed rear yard. Gas central heating via combi boiler and double glazed windows throughout.
We understand the property is Freehold.
To proceed to rent this property you will have to sign a Holding Deposit Agreement and pay a Holding Deposit of one weeks rent which will be used as part of the first rent payment upon signing the tenancy agreement. The Holding Deposit Agreement will give you details of the circumstances that could lead to your holding deposit becoming non-refundable, as per the terms of the Tenant Fees Act 2019.
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 refQLF250403
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TenureFreehold
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Council TaxA