Offers over
£58,000
(£80/sq. ft)
2 bed flat for saleCollingwood Street, South Shields NE33
2 beds
1 bath
1 reception
721 sq. ft
- Leasehold
Let Property
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About this property
Buy-to-Let Opportunity
Long-Term Tenants Currently Situated
Likely to attract enquiries from Serious Investors & Developers
Well-Maintained Property
Spacious Lounge
Three-Piece Bathroom
On-street Parking
Investment potential detailed below (Let Property Pack)
Our latest listing is a 2-bedroom Flat located in South Shields. It is near valuable amenities, can generate rewarding rental returns, and has a tenant currently situated.
This well-kept home features 2 bedrooms, a triple-fixture bathroom, a lounge, a kitchen, and on-street parking.
Investment Details
It currently produces an annual gross income of £4,800, which could be increased by the new owner to a market rate of £6,924 with long-term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investor's property portfolio.
For greater detail on this property's investment potential, please see the Let Property Pack linked below. If you are interested, please call us.
Tenancy Details
Let Property Sales is committed to facilitating a smooth transaction process and allowing for maximum commitment to the sale from both parties; a fully refundable buyer's premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non-completion.
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More information
Tenure
Leasehold (Ask agent)
Service charge
Council tax band
A
Ground rent
Ground rent date of next review