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Two-Bedroom Ground-Floor Leasehold Flat
Address
See address
Auction date
10 Dec 2026
Guide price
£55,000
Type
Flat
Tenure
Leasehold
EPC Rating
E
Status
Upcoming
Description
This two-bedroom ground-floor flat in Gateshead offers an investment opportunity, with a long-standing tenant currently paying £665 per calendar month and indicating a wish to remain. The property has double glazing and gas central heating.
- Entrance lobby and hall, two bedrooms, living room, kitchen and bathroom
- Bedroom one: 4.29m x 3.66m; bedroom two: 3.05m x 2.13m
- Living room: 4.27m x 3.05m; kitchen: 3.05m x 2.13m
- Shared rear yard
- EPC rating: E; Council Tax Band: A
- Leasehold with 999 years from 24 November 1989 and a peppercorn rent
The stated rent provides an existing income stream for a potential buy-to-let purchaser, while the tenant’s stated intention is to remain long term. The lease term and peppercorn rent are specified in the listing; buyers should review the legal information and confirm details before proceeding. The property is offered by online auction.
Last update: 10 Nov 2026
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