- Five to six bedrooms +
- Lots of potential +
- Perfect investment +
- Ideal location for commuting +
- Two bathrooms +
- Private reard yard +
- Council tax Band A +
- EPC rating D +
- Vacant possession +
INVESTMENT OPPORTUNITY NO ONWARD CHAIN ** Cloud Estates welcome to the market this spacious mid terraced house located in South Shields.
The property is a fantastic size and has lots of potential, making it a perfect rental or a new residence for its next owner.
It currently has an HMO License with six bedrooms for 6 people and has 10 years of rental history.
POTENTIAL INCOME OF OVER £29,000 POTENTIAL YIELD OF OVER 16% **
The accommodation currently comprises of the following laid out over three floors: hallway, living room, well equipped kitchen and dining area, six bedrooms, two bathrooms and a seperate WC.
The house has gas central heating and is double glazed and offers on street parking with a private yard to the rear.
The property is situated close to local public transport routes (Chichester Metro and bus) and easy access to the A19 North and South via Tyne Tunnel and other routes in South Tyneside. The property is situated in South Shields and has multiple local amenities shops, bars, restaurants and South Shields beachon its doorstep, as well as access to the ever popular South Shields beach.
This property would be an ideal development to turn into a modern house share which is in high demand in the area..... The development could be specifically designed to cater to those that are looking for an unparalleled shared living experience with tenants needs at the heart of the design. If you are interested in talking to us about developing this property please contact us to arrange a viewing and our Renovation Team at Cloud would be happy to discuss this with you in further detail. Telephone and ask for Liane.
Early viewing is recommended.