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7 bed property, in Laygate, £250,000
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7 bed end of terrace house

Laygate, South Shields NE33
£250,000

Our Summary

  • A great investment opportunity comprising a three roomed lower flat and five roomed upper maisonette currently let per room at an average of £90 per week with a full occupancy income of around £32,500 per annum

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Description

This property presents a lucrative investment opportunity, comprising a three-roomed lower flat and a five-roomed upper maisonette, both currently let to tenants. The lower flat has a kitchen diner, shared living room, and bathroom facilities, while the upper maisonette features four let rooms, with a fifth room currently used for storage. The property benefits from gas central heating and is situated close to the Chichester Metro and within walking distance of the local college, making it an attractive addition to an investor's portfolio.

With a full occupancy income of around £32,500 per annum, this property offers a strong potential for returns.