45 Woodlands, Gateshead, NE10 9HT
Two bedroom lower flat bought in a distressed state before being fully refurbished and tenanted.
Great location and no stamp duty on this purchase.
- Purchase price: £34500.
- Total investment: £49000.
- Annual income: £5400.
- Gross yield: 11%
- After works valuation: £55000.
2 South Terrace