Duke Street, North Shields NE29 2 bed flat for sale

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Duke Street, North Shields NE29 2 bed flat for sale

Duke Street, North Shields, NE29
£98,000

Our Summary

  • Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio
  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 2-bedroom flat in North Shields is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, bathroom, and kitchen, and is currently generating an annual gross income of £9,000 with tenants already in situ. With a tenant who has been in the property for several years and has consistently paid their rent, this property offers a stable and reliable source of rental income. The property's potential rental income and purchase price make it a worthwhile addition to an investor's portfolio, and the current tenants have no intention of moving out, ensuring a smooth transition for the new owner.