SSTC | Fern Dene Rd, Gateshead

2-Bed Ground Floor Flat | Fern Dene Road, NE8 4RU

Overview
2-bedroom ground floor flat let at £660 PCM to a fantastic tenant (in situ since August 2022). Located in the ever popular “Avenues” area, close to Saltwell Park, in a desirable area with a mix of owner-occupiers and investors. Fully refurbished to a high standard within the last 5 years.

Investment Highlights
Gross Yield: ~7.9%
Tenant in Situ: Since August 2022
Leasehold: 979 years remaining
Recent comprehensive Refurbishment completed

Local Amenities
Saltwell Park: Minutes away
Trinity Square: Shops, dining, cinema
Low Fell: Independent bars, restaurants
Gateshead/Newcastle Quayside is within 25 minutes walking distance

Transport Links
Newcastle Central Station: 10 mins by car
Gateshead Interchange: Metro & bus services
A1(M): Quick regional access
Newcastle Airport: 20 mins by car

Key Facts
Tenure: Leasehold (979 years) – Tyneside lease, no service charge, peppercorn ground rent.
Rent: £660 PCM
Size: 624 ft² / 58 m²
EPC: 62 (D) / Potential 74 (C)
Council Tax: Band A (£1,634 est.)
Built: 1900–1929