£100,000
(£147/sq. ft)
2 bed terraced house for saleParliament Street, Hebburn NE31
2 beds
1 bath
1 reception
678 sq. ft
EPC Rating: E
Added on
About this property
Investment opportunity
Tenant in situ
8.4% gross rental yield
Established tenancy
Freehold
Gas central heating
Double glazing
Popular hebburn location
Close to local amenities
Ideal buy-to-let investment
Hunters Estate Agents are pleased to offer to the market this two-bedroom terraced property on Parliament Street, Hebburn, offered for sale as an investment with the existing tenants remaining in situ.
With an asking price of £100,000, the property currently provides an attractive gross rental yield of approximately 8.4%, making it an appealing opportunity for landlords and investors looking to acquire an established rental property with income already being generated.
The accommodation is arranged over two floors. The ground floor comprises an entrance hall, lounge, separate fitted kitchen and bathroom. To the first floor are two bedrooms and a landing.
Internally, the property offers practical and well-proportioned accommodation, with a fitted kitchen incorporating a range of wall and base units, work surfaces, sink, cooking facilities and space for appliances. The bathroom is fitted with a white suite comprising bath, WC and wash hand basin.
The property benefits from gas mains heating, mains electricity, water and drainage, and is offered on a freehold basis. The accommodation extends to approximately 678 sq. Ft.
Located in Hebburn, the property is conveniently positioned for access to local shops, amenities and transport connections, with surrounding areas including Jarrow, South Shields, Gateshead and Newcastle upon Tyne readily accessible.
The property is being sold with the existing tenancy in situ and is therefore particularly suited to buy-to-let investors. The established tenancy provides the purchaser with the benefit of acquiring an income-producing investment without the need to source a new tenant immediately following completion.
**photos were taken prior to the current tenancy and may not reflect the property’s current condition or presentation.**
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