dealsourcr
  • Features
  • Pricing
  • Login
LoginTry for Free
‌

‌

‌
‌
‌
‌
‌
‌
‌
‌

‌

‌
‌
‌
‌
‌
‌
‌
‌
‌
‌

‌

‌
‌
‌
‌
‌
‌
‌
‌
‌
‌

‌

‌
‌
‌
‌
‌
‌
‌
‌
‌
‌
dealsourcr
Deals
Deal SearchSaved SearchesSaved DealsAddress Lookup
Tools
Market Research ⭐️Deal AnalyserRightmove LookupRefurb CalculatorNew Build CalculatorStamp Duty Calculator
My Account

2 Bed Flat, Potential PLO/LOA, South Shields, NE33 4AR £59,500

Dean Road South Shields NE33 4AR - 10 months ago
  1. Deal Search
  2. South Shields
  3. NE33
  4. NE33 4AR
Sold STC
Negative Equity
ROI: 10%
~68 m²

ValuationUndervalued

‌
‌
‌
‌
‌
‌
‌
‌
‌
‌

‌

‌

‌
‌
‌
‌
‌
‌
‌
‌
‌
‌

‌

‌

‌
‌
‌
‌
‌
‌
‌
‌
‌
‌

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

Sold for £225,000

2025

Listed for £59,500

-29%

February 26, 2025

Sold for £77,049

2008

Sold for £185,000

2007

Sold for £185,000

2007

Sold for £80,000

2005

Sold for £60,000

2003

Sold for £32,500

2003

Sold for £68,500

2002

Sold for £68,500

2002

Description

  • THE PROEPRTY IS CURRENTLY LET ON AN ASSURED SHORTHOLD TENANCY @ A RENT OF £450.00 PCM, HOWEVER AT THE TIME OF SALE IT WILL HAVE VACANT POSSESSION +
  • GAS COMBINATION BOILER +
  • GOOD INVESTMENT PROPERTY +
  • RECOVERED ROOF +
  • CENTRAL LOCATION +
  • PRICE INCLUDES ALL FITTED FLOOR COVERINGS +
  • COUNCIL TAX BAND: A +
  • EPC RATING: E +

_A first and second floor flat which has had a number of improvements carried out over recent years and which is offered for sale with immediate vacant possession. _

It is an ideal first time buyer property or indeed a property investor.  This property has been extremely realistically priced for a quick sale and an early inspection is recommended.

Dean Road is centrally located with shops and facilities close by, South Tyneside College is also within walking distance and, the local Metro station is located at Chichester, which again is within walking distance and there is a bus service to the town centre where a fuller range of shops and facilities may be found.

The property is currently let on an AST (Assured Shorthold Tenancy) @ a rent of £450.00 per calendar month which equates to an annual ren
__ of £5,400.

The property benefits from the following accommodation

ACCOMMODATION

GROUND FLOOR

ENTRANCE VESTIBULE

ENTRANCE HALL

With staircase to first floor, corniced ceiling, door leading to the shared rear yard.

FIRST FLOOR

LANDING

With staircase to second floor, double radiator.

_KITCHEN/DINING ROOM
_****4.06m x 3.43m

With a range of fitted base units, incorporating an inset stainless steel sink unit, an electric cooker point, wall mounted Baxi gas condensing combination boiler for heating the domestic hot water and central heating systems, double radiator.

_LIVING ROOM
_****3.84m x 4.04m

_With a fireplace with a living flame gas fire, double radiator, alcove cupboard.

__BEDROOM 2 (FRONT)
_****2.86m x 1.98m

SECOND FLOOR

LANDING

_BATHROOM
_****3.43m x 4.05m

With a white coloured suite comprising of panelled bath with electric shower over, pedestal washbasin, low level w.c. double radiator, storage cupboard, Velux double glazed roof window.

_BEDROOM 1 (FRONT)
_****5.54m x 4.13m

With two Velux double glazed roof windows, double radiator.

OUTSIDE

REAR

There is a large shared yard with a rear access.

Agent Details

Moody & Co, South Shields

0191 607 1143

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.

‌

‌

‌

‌

‌

‌

‌

‌

‌

‌

‌

‌

‌

‌

‌

‌

Cashflows

‌
‌
‌
‌
‌
‌
‌
‌
‌
‌