1. Property photo 1 of 7 Street View
  2. Property photo 2 of 7 Living Room
  3. Property photo 3 of 7 Kitchen

Offers over

£70,000

2 bed maisonette for sale
Saltwell Road, Gateshead, Tyne And Wear NE8

    • 2 beds

    • 1 bath

    • 1 reception

  • Share of Freehold

Sold.co.uk

Logo of Sold.co.uk

About this property

  • 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

*** tenants in situ - investors only ***

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.

Zoopla insights

Sign in and gain expert analysis to make informed decisions

Stamp duty calculator

Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news

From 1st April 2025 £-

This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.

More information

  • Tenure

    Share of freehold

  • Service charge

  • Council tax band

    A

  • Commonhold details

See all recent sales in NE8

Property descriptions and related information displayed on this page are marketing materials provided by - Sold.co.uk. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Sold.co.uk for full details and further information.