- PAIR OF FLATS +
- THREE BEDROOMS TO THE UPPER FLAT +
- TWO BEDROOM LOWER +
- CURRENT TENANTS IN SITU +
- CLOSE TO METRO +
- IDEAL INVESTMENT OPPORTUNITY +
- FREEHOLD TITLE +
- READY MADE INVESTMENT +
An excellent investment opportunity to acquire a PAIR of tenanted flats on a single freehold title, ideally located in a convenient area close to the Metro and South Shields town centre. This property comprises a spacious three-bedroom upper flat and a well-proportioned two-bedroom lower flat, both currently occupied by tenants in situ.
The property offers immediate rental income and has the potential to achieve an impressive yield of approximately 11%, making it a highly attractive prospect for buy-to-let investors. With strong demand for rental accommodation in the area and excellent transport links nearby, this is a secure and promising addition to any investment portfolio.
The freehold title ensures there are no ground rent or service charge liabilities, adding further value to this opportunity. Situated in a popular and well-connected location, this property benefits from consistent rental appeal and long-term growth potential.
For more information or to arrange a viewing, please get in touch. This is a rare chance to secure a high-yielding investment with tenants already in place.
Entrance Hall -
Lounge - The neutrally decorated lounge features a charming fireplace and offers direct access to the second bedroom.
Kitchen - The kitchen is neutrally decorated and fitted with a range of wall and base units, offering ample storage. It includes an gas hob and electric oven, plumbing for a washing machine, and space for a fridge freezer.
Bathroom - Neutrally decorated generous bathroom with shower over the bath
Bedroom -
Bedroom -
Bedroom -
External -