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Two-Bedroom Ground-Floor Flat with Tenant in Situ

Two-Bedroom Ground-Floor Flat with Tenant in Situ

Address

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Auction date

10 Dec 2026

Guide price

£55,000

Type

Flat

Tenure

Unknown

EPC Rating

E

Status

Upcoming

Auction location placehbolder

Description

This two-bedroom ground-floor flat in Gateshead offers an investment opportunity with a tenant already in place. The property has double-glazed windows, gas central heating and level-access living, with a shared yard to the rear.

  • Layout includes an entrance lobby, hallway, two bedrooms, lounge, kitchen and bathroom
  • Bedroom one measures approximately 4.29m × 3.66m
  • Bedroom two and kitchen each measure approximately 3.05m × 2.13m
  • Lounge measures approximately 4.27m × 3.05m
  • Shared rear yard
  • EPC rating: E
  • Currently let for £650 per month, with a stated yearly rental return of £7,800

The tenant has occupied the flat since 2018 and has indicated a wish to remain long term, making this a potential buy-to-let purchase with rental income in place. Tenure details are not specified in the listing, so prospective buyers should verify them and any related terms before proceeding. The property is offered by online auction on 10 December 2026.

Last update: 09 Nov 2026

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