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2 Bed Flat, Potential PLO/LOA, South Shields, NE33 3JX £67,500

86 Wharton Street South Shields NE33 3JX - a year ago
  1. Deal Search
  2. South Shields
  3. NE33
  4. NE33 3JX
Sold STC
Leasehold
Negative Equity
ROI: 9%
76 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in South Shields
  • More Deals in NE33
  • More Negative Equity Deals
  • More Negative Equity Deals in South Shields
  • More Negative Equity Deals in NE33

Property History

Price changed to £67,500

October 6, 2025

Price changed to £55,000

June 20, 2025

Price changed to £59,000

January 23, 2025

Listed for £60,000

-43%

December 7, 2024

Sold for £86,000

2007

Sold for £42,000

2003

Sold for £29,950

1998

Description

  • NO UPPER CHAIN +
  • IDEAL INVESTOR BUY WITH POTENTIAL 12% YIELD +
  • GREAT FIRST TIME BUY +
  • GROUND FLOOR LEASEHOLD FLAT +
  • MODERN KITCHEN AND BATHROOM +
  • COUNCIL TAX BAND A +
  • EPC TO FOLLOW +
  • CLOSE TO THE COAST +
  • CENTRAL LOCATION +

This charming two-bedroom ground floor flat presents a fantastic opportunity for first-time buyers or investors. Situated in a central location, just a short walk from the coast, the property is offered below market value with no upper chain, making for a hassle-free purchase.

Inside, it features an entrance hallway with a storage cupboard, modern lounge, two double bedrooms, a modern kitchen, and a contemporary four-piece bathroom. There is also a private rear yard. For investors, the flat offers an attractive potential rental yield of 12%, making it a highly appealing prospect.

Entrance Hallway -

Lounge - 4.45 x 3.6 (14'7" x 11'9") - Modern lounge with neutral decoration, wall mounted electric fire and access to the kitchen

Kitchen - 4.05 x 2.15 (13'3" x 7'0") - Modern white high gloss kitchen with a range of wall and base units. Contrasting work surfaces and splash back tiling. There is an electric hob and integrated oven with stainless steel extractor over, access to the rear yard .

Bathroom - 2.8 x 2.4 (9'2" x 7'10") - Modern tiled bathroom comprising of a recessed walk in shower, white panel bath, wash hand basin and low level wc.

Bedroom 1 - 5.35 x 3.85 (17'6" x 12'7") - Spacious double bedroom with a front facing aspect.

Bedroom 2 - 3.4 x 2.4 (11'1" x 7'10") - Double bedroom with a rear facing aspect.

External - Yard to the rear.

Agent Details

Susan Spokes Real Estate, South Shields

0191 743 2570

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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