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Collingwood Street, South Shields NE33 2 bed flat for sale
Collingwood Street, South Shields NE33
£60,000
Collingwood Street, South Shields NE33
£60,000
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 South Shields is a lucrative investment opportunity, currently generating an annual gross income of £4,800 and offering potential for increase to £6,924 with long-term tenants already in place. The property is well-maintained and features two bedrooms, a triple-fixture bathroom, a lounge, a kitchen, and on-street parking. With a purchase price that will yield a worthwhile return, this flat is an attractive addition to any investor's portfolio. The current tenant is situated, and the vendor is committed to facilitating a smooth transaction process.