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Stephenson Street, North Shields NE30 2 bed flat for sale
Stephenson Street, North Shields, Tyne & Wear, NE30
£65,000
Stephenson Street, North Shields, Tyne & Wear, NE30
£65,000
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
Description
This 2-bedroom flat in North Shields is a fantastic investment opportunity for those looking to expand their portfolio. The property is located close to amenities and currently generates an annual gross income of £7,800, which could be increased to a market rate of £8,076 with long-term tenants already in place. The property is well-kept and features two bedrooms, a lounge, and a kitchen. The current tenants have been in the property for several years and have consistently paid their rent, with no intention to move out. With a tenant already situated, this property offers a smooth transition for investors, and the seller is committed to facilitating a seamless transaction process.