2 bed flat for sale

25 Stephenson House Stephenson Street, North Shields, Tyne And Wear NE30

For sale by online auction on Tuesday, 11 Nov 2025 ending at 13:10

Tenanted Investment – £600 pcm Income – Immediate Return

We are instructed to sell on behalf of the Receivers this self-contained apartment situated within Stephenson House, a purpose-built residential block in North Shields.

The property is currently let at £600 per calendar month, with the tenant paying rent and stated to be up to date. Please note the tenant will not allow internal access for photographs or viewings, and the sale will therefore be made without vacant possession.

The apartment benefits from allocated parking and is well positioned close to local amenities, public transport links, and North Shields town centre.

This lot provides an attractive ready-made buy-to-let investment with an immediate rental return and potential to add value in the future (subject to gaining access and any necessary consents).

Key Features

-Modern apartment in purpose-built block

-Currently let at £600 pcm - income producing from day one

-Tenant stated to be paying and up to date with rent

-Allocated parking space

-Close to local shops, transport, and North Shields centre

-Sold as seen – no internal access available

Important Information

-The sale is on behalf of the Receivers.

-No internal viewings or access for photographs are available.

-Buyers should rely on their own enquiries regarding the accommodation and tenancy details.

Auctioneer’s Note

An ideal investment opportunity offering immediate rental income and long-term potential in a well-connected location.Tenure: LeaseholdEPC Rating: C

Portrait Video Tour
False

Additional Fees
Administration Charge - £3,600 inc vat payable upon the fall of the virtual gavel

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.