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2 Bed Flat, Single Let, South Shields, NE34 0QQ £70,000

Richmond Road, South Shields, NE34 0QQ - 8 months ago
  1. Deal Search
  2. South Shields
  3. NE34
  4. NE34 0QQ
Sold STC
BTL
ROI: 4%
~68 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in South Shields
  • More Deals in NE34
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  • More Single Let Deals in South Shields
  • More Single Let Deals in NE34

Property History

Price changed to £70,000

July 26, 2025

Price changed to £72,500

June 12, 2025

Listed for £75,000

April 7, 2025

Description

  • TWO BEDROOM GROUND FLOOR FLAT +
  • IDEAL LOCATION FOR SOUTH TYNESIDE HOSPITAL +
  • PRIVATE REAR YARD +
  • TENANT IN SITU +
  • 9 -11% YIELD POTENTIAL +
  • FREEHOLD +

This well-presented two-bedroom ground floor flat is offered to the market with a long-term tenant in situ, making it an ideal investment opportunity.

Benefiting from gas central heating, the property briefly comprises: a upvc door opening into the entrance hallway, with access to the lounge, Bedroom 1, and Bedroom 2. The kitchen is accessed via the lounge and leads through to the bathroom. Externally, there is a private yard to the rear, offering additional outdoor space.

Entrance Hall - 4.9 x 2.4 (16'0" x 7'10") - Neutrally decorated with a large under stairs storage cupboard and oak effect laminate flooring.

Lounge - 3.55 x 4.0 (11'7" x 13'1") - Generously sized and tastefully decorated in neutral tones, this welcoming space features beech-effect laminate flooring and a feature fireplace with electric fire. Period details add a touch of charm.

Kitchen - 3.35 x 2.15 (10'11" x 7'0") - This kitchen features neutral décor and sleek dark grey tiled flooring. Fitted with high-gloss grey wall and base units, complemented by wooden worktops and a white tiled splash back. Appliances include a gas hob, integrated electric oven, and chrome extractor fan. There is plumbing for a washing machine, and a UPVC back door provides access to the rear of the property.

Bathroom - 2.45 x 1.6 (8'0" x 5'2") - A well-appointed bathroom with neutral walls and complementary wall tiles. Fitted with a white suite comprising a toilet, pedestal sink, and bath with mixer tap and shower head. Finished with stylish grey herringbone-effect vinyl flooring for a contemporary touch.

Bedroom 1 - 4.05 x 4.4 (13'3" x 14'5") - A generously proportioned room, neutrally decorated to suit all styles. A large bay window floods the space with natural light, creating a bright and airy atmosphere. The room features attractive beech-effect laminate flooring and retains charming period details, adding character and warmth.

Bedroom 2 - 2.9 x 2.4 (9'6" x 7'10") - Finished in neutral tones, this well-presented bedroom features beech-effect laminate flooring and retains attractive period features, offering both comfort and character.

Exterior - The property boasts a low-maintenance exterior complemented by a private yard, enclosed with double wooden gates - perfect for effortless outdoor living and added privacy."

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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