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2 bed property, in Stephenson Street, £50,000
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2 bed flat

Stephenson Street, North Shields, Tyne & Wear, NE30
£50,000
-16.7%

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Price History

Initial price £60,000
Nov 29, 2024 £58,000
Dec 14, 2024 £65,000
Dec 20, 2024 £63,000
Jan 2, 2025 £61,000
Jan 10, 2025 £59,000
Jan 17, 2025 £65,000
Jan 30, 2025 £63,000
Mar 14, 2025 £61,000
Mar 21, 2025 £59,000
Mar 27, 2025 £65,000
Apr 4, 2025 £63,000
Apr 10, 2025 £61,000
Apr 18, 2025 £59,000
May 14, 2025 £65,000
Jul 25, 2025 £63,500
Nov 5, 2025 £62,500
Nov 21, 2025 £60,000
Dec 5, 2025 £59,000
Jan 17, 2026 £57,000
Jan 29, 2026 £55,000
Feb 14, 2026 £53,000
Feb 15, 2026 £53,000
Mar 2, 2026 £55,000
Mar 12, 2026 £53,000
Mar 28, 2026 £51,000
Mar 31, 2026 £55,000
Apr 2, 2026 £53,500
Apr 9, 2026 £51,000
Apr 10, 2026 £49,500
Apr 21, 2026 £55,000
Apr 30, 2026 £50,000
Price Change -16.7%

Our Summary

  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • For greater detail on this property's investment potential, please see the Let Property Pack linked below

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Description

This 2-bedroom flat in North Shields is an attractive investment opportunity, offering a current annual gross income of £7,800 and potential to increase to £8,784 with long-term tenants already in place. The well-maintained property features 2 bedrooms, lounge, and kitchen, and is situated close to amenities. The current tenants have been paying rent consistently for several years and have no plans to move out, making for a stable and reliable investment.

With a worthwhile addition to an investor's portfolio, this property is an excellent choice for those looking to expand their rental portfolio.