Guide price
£70,000
(£86/sq. ft)
3 bed flat for saleImeary Street, South Shields NE33
3 beds
1 bath
1 reception
818 sq. ft
EPC Rating: C
Added on
About this property
Quote Ref: 833010 when calling
Quote Ref: 833010 when calling
Currently rental income £850pcm
Turnkey Investment
3 Bedroom Upper Flat
10 Minute Walk to Beach, Shops and Metro Station
South Shields Location
Three bedrooms. A desirable upper-floor layout. £850 pcm rental income, and a location that puts South Shields' amenities, transport links and coastline within easy reach.
This three-bedroom upper flat on Imeary Street, South Shields, NE33 4EL presents an exciting opportunity for investors looking to acquire an established, income-producing property in a popular residential location.
Currently tenanted at £850 per calendar month, the property generates £10,200 per annum in rental income - providing an attractive income stream from day one.
7 reasons to buy this property
£850 pcm rental income - Currently producing £10,200 per year, giving investors an immediate income-producing asset.
Three bedrooms - More bedrooms mean broader tenant appeal, making the property suitable for families, couples, sharers and professional tenants.
Strong investment proposition - The combination of three-bedroom accommodation, established rental income and a popular South Shields location makes this an appealing addition to a buy-to-let portfolio.
Upper-floor privacy & space - An upper flat offers separation from the street while providing the generous accommodation buyers and tenants often seek from a three-bedroom property.
Established south shields location - Imeary Street sits within the Westoe/South Shields area, with local shops, amenities, schools and transport links close at hand.
Close to town & coast - The location combines everyday convenience with the lifestyle appeal of South Shields, with the town centre and seafront within easy reach.
Three-bedroom flexibility - Whether retained as a rental investment or eventually used as a family home, the additional bedroom provides valuable flexibility that a two-bedroom property simply cannot offer.
At £850 pcm, the current tenancy represents £10,200 in annual gross rental income.
That makes this property particularly interesting for landlords looking to build or expand a portfolio with a larger three-bedroom rental asset.
There is also evidence of an established rental market for three-bedroom accommodation in the surrounding NE33 area, with comparable properties currently being marketed around £695–£850 pcm.
🏠 more than just an investment
While the current tenancy makes this an obvious proposition for investors, the three-bedroom layout also gives the property excellent owner-occupier potential.
Three bedrooms could provide:
A family home. A home office. A guest bedroom. A nursery. Or simply the extra space modern buyers increasingly demand.
Why imeary street?
The location is a major part of the appeal.
Imeary Street is an established residential street in South Shields, close to local amenities and transport connections. The wider area benefits from access to the town centre and seafront, while the property's position provides the convenience expected by today's tenants.
Recent market evidence also demonstrates demand for three-bedroom properties on Imeary Street, with comparable three-bedroom flats having been marketed and sold in recent years.
The investor's opportunity
£850 every month. £10,200 every year.
Three bedrooms. Established Marine Student Contract.
Put those ingredients together and you have a property that deserves serious consideration from landlords looking for income, flexibility and long-term potential.
Whether you're adding to an existing portfolio or taking your first step into buy-to-let, this three-bedroom upper flat offers an opportunity to acquire an already-tenanted residential asset with an established rental income.
Early viewing is highly recommended
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