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Property Listing Details

2 bed flat for sale

Stormont Street, North Shields NE29

  • Sold subject to contract
  • Investment
Offers over

£45,000

Property details

  • 2 bedrooms
  • 1 bathroom
  • 1 reception room

Features

  • Calling all buy to let investors
  • Two bed ground floor flat
  • Amazing yield
  • Shared rear yard
  • Local amenities
  • Transport links
  • Peppercorn lease - over 900 years
  • Quick sale

Listing view statistics

Last 30 days: 4 page views

Since listed: 665 page views

Description

Goodmove present this two bed ground floor flat for quick sale on Stormont Street, North Shields. With an estimated rental income of £400 pcm (10% yield) this property would be an ideal buy to let. The property benefits from a peppercorn lease and is invited to the market for a quick sale.

Disclaimer

1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither goodmove nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.

You could get

Superfast broadband Superfast broadband

Up to 38.2 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • North Shields Ferry Terminal 0.4 miles
  • South Shields Ferry Terminal 0.8 miles
  • St Cuthberts Roman Catholic Primary School Aided 0.1 miles
  • Waterville Primary School 0.1 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • North Shields Ferry Terminal 0.4 miles
  • South Shields Ferry Terminal 0.8 miles
  • St Cuthberts Roman Catholic Primary School Aided 0.1 miles
  • Waterville Primary School 0.1 miles

Market stats

Sale activity

Average estimated value for a flat in NE29:

  • £105,598
  • Price decrease

  • -£967
  • (-0.907%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £99,121
  • Properties sold

    87

Rental opportunities

Looking for an investment? The average rent for a 2 bedroom flat in NE29 is currently:

£442 pcm

Recent sales nearby

See all recent sales in NE29
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

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In partnership with

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Agent

Price history

Sold prices provided by Land Registry
30th Jul 2019 £45,000 Price reduced by £5,000
9th Jul 2019 £50,000 First listed
17th Mar 2017 £54,000 Last sold

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Property descriptions and related information displayed on this page are marketing materials provided by Good Move. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Good Move for full details and further information.