Collingwood Street, South Shields NE33 2 bed flat for sale

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Collingwood Street, South Shields NE33 2 bed flat for sale

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)
  • Investment potential detailed below (Let Property Pack)

Description

This 2-bedroom flat in South Shields is a great investment opportunity, currently producing an annual gross income of £4,800 and with the potential to 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 offers a worthwhile return on investment, this flat is a great addition to any portfolio. The current tenant is situated, making for a smooth transition for the buyer.