Balkwell Avenue, North Shields, Tyne... 2 bed maisonette for sale

>

Balkwell Avenue, North Shields, Tyne... 2 bed maisonette for sale

Balkwell Avenue, North Shields, Tyne and Wear, NE29
£85,000

Our Summary

  • 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
  • Great Investment Opportunity

Description

This 2-bedroom ground floor maisonette on Balkwell Avenue, North Shields is an excellent investment opportunity for investors seeking immediate rental income. The property is currently tenanted with sitting tenants paying £600pcm, generating a 8.57% yield. The maisonette features a spacious lounge, functional kitchen, two well-proportioned bedrooms, and a family bathroom, with a private rear garden providing valuable outdoor space. Located in a popular residential area, the property offers easy access to local amenities, including shops, schools, and healthcare facilities, and is within easy reach of North Shields town centre and good transport links to Newcastle city centre. With its established tenancy and minimal work required to maintain its investment potential, this property is an attractive opportunity for investors.