Woodlands

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.