Stephenson Street, North Shields NE30 2 bed flat for sale

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Stephenson Street, North Shields NE30 2 bed flat for sale

Stephenson Street, North Shields NE30
£59,000

Our Summary

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

Description

This 2-bedroom flat in North Shields is an attractive investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, and two bedrooms, with a current annual gross income of £7,800 from a long-term tenant. With a market rate of £8,076, the new owner can increase the rental income. The tenant has been in the property for several years and has consistently paid rent, with no plans to move out. The property is close to amenities and offers a rewarding rental return, making it a worthwhile addition to an investor's portfolio.