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2 bedroom flat for sale
Richmond Road, South Shields NE34
£63,500
Richmond Road, South Shields NE34
£63,500
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, offering a current annual gross income of £5,280 and potential to increase to £7,500 with long-term tenants already in place. The property is well-maintained and features 2 bedrooms, a lounge, kitchen, and bathroom. The current tenants have been paying rent consistently for several years and have no plans to move out, making it a stable and lucrative investment. With a purchase price that will yield a worthwhile return, this property is an attractive addition to any investor's portfolio.