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Wharton Street, Westoe, South... 2 bed ground floor flat for sale
Wharton Street, Westoe, South Shields, Tyne and Wear, NE33 3JX
£55,000
Wharton Street, Westoe, South Shields, Tyne and Wear, NE33 3JX
£55,000
Our Summary
- For investors, the flat offers an attractive potential rental yield of 12%, making it a highly appealing prospect
- IDEAL INVESTOR BUY WITH POTENTIAL 12% YIELD
- Ideal investor buy with potential 12% yield
Description
This charming two-bedroom ground floor flat is a fantastic opportunity for first-time buyers or investors, offered below market value with no upper chain. Situated in a central location, just a short walk from the coast, the property features a modern lounge, two double bedrooms, a modern kitchen, and a contemporary four-piece bathroom. The private rear yard provides a peaceful outdoor space. With a lease extended to 86 years from January 2025, this property offers a hassle-free purchase and an attractive potential rental yield of 12% for investors. The flat is well-appointed throughout, with neutral decoration, modern fixtures and fittings, and ample storage space. With council tax band A, this property is a great value for those looking to get on the property ladder or invest in a rental property.