3 bed flat for sale

East Stainton Street, South Shields NE33

Property Reference number : 768362

3-Bed Upper Flat | Turnkey Buy-to-Let Investment
South Shields | Close to Town Centre & Coast | Strong Rental Demand | Tenanted & Ready to Go

an excellent buy-to-let investment opportunity, a well-presented three-bedroom upper flat in South Shields, generating £700 per calendar month in rental income at a guide price of £120,000. Neutrally decorated throughout with a modern kitchen, new bathroom and spacious room sizes, the property is ready to perform from day one with no refurbishment required. Briefly comprising three double bedrooms, entrance hall, lounge, kitchen and bathroom with separate shower and bath, alongside a courtyard to the rear. Further benefits include gas central heating, double glazing and carpeted rooms throughout. Ideally positioned within walking distance of South Shields Town Centre, close to local amenities, shops, schools and the South Shields coastline, with excellent surrounding transport links. A straightforward, income-producing asset in a well-connected coastal town, ideal for investors seeking reliable returns without the complexity of an HMO.

Council Tax: A

Current Annual Ground Rent: £1

Current Annual Service Charge: £1

Current Length Of Lease Remaining: 978 Years

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Property Reference number : 768362