Just added
  1. Property photo 1 of 10 Front External
  2. Property photo 2 of 10 Lounge
  3. Property photo 3 of 10 Kitchen

£85,000

2 bed maisonette for sale
Balkwell Avenue, North Shields, Tyne And Wear NE29

    • 2 beds

    • 1 bath

    • 1 reception

  • EPC Rating: C

  • Leasehold

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About this property

  • Maisonette

  • Great Investment Opportunity

  • 2 Double Bedrooms

  • Tenants in Situ - 8.47% Yield

  • Ground Floor

  • Private Rear Garden

  • Modern Fitted Bathroom

  • 583 Sq. Ft

  • Close to Amenities

  • Long Lease - 972 Years Remaining

*** tenants in situ - investors only ***

This 2-bedroom ground floor maisonette on Balkwell Avenue, North Shields presents an excellent opportunity for investors seeking immediate rental income. Currently tenanted with sitting tenants paying £600pcm, generating a 8.57% yield, this property offers a stable investment in a popular residential area.

The maisonette's layout includes a spacious lounge, functional kitchen, two well-proportioned bedrooms and a family bathroom. Outside, the property benefits from a private rear garden with a patio area ideal for outdoor seating and dining, providing tenants with valuable outdoor space to enjoy.

Located in the established residential area of North Shields, the property offers easy access to local amenities including shops, schools, and healthcare facilities. The property is within easy reach of North Shields town centre and benefits from good transport links to Newcastle city centre and the wider North East region.

Currently tenanted with rental income already in place, this property requires minimal work to maintain its investment potential. With its generous yield and established tenancy, we strongly recommend viewing to appreciate the investment opportunity this maisonette presents.

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Property descriptions and related information displayed on this page are marketing materials provided by - Sold.co.uk. 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 Sold.co.uk for full details and further information.