John Williamson Street, South Shields... 2 bed flat for sale

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John Williamson Street, South Shields... 2 bed flat for sale

John Williamson Street, South Shields NE33
£45,000

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)
  • Investment potential detailed below (Let Property Pack)

Description

This 2-bedroom flat in South Shields is a great investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, bathroom, and street parking. It currently has a tenant in situ, who has been paying rent consistently for several years and has no plans to move out. The property generates an annual gross income of £9,120, which could be increased to £9,540 with a new owner. With its proximity to amenities and potential for increased rental income, this property offers a worthwhile addition to an investor's portfolio.