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2 bedroom flat for sale
Stephenson Street, North Shields NE30
£60,000
Stephenson Street, North Shields NE30
£60,000
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
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 2 bedrooms, a lounge, and a kitchen. Currently, it produces an annual gross income of £7,800, which could be increased to £8,076 with long-term tenants already in place. The tenants, who have lived in the property for several years, have consistently paid their rent and have no intention of moving out. With a purchase price that will generate a worthwhile return, this property is an excellent addition to any investor's portfolio.