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
£63,000

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)
  • 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 2 bedrooms, a lounge, and a kitchen, and is currently generating an 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 by £276, making it a worthwhile addition to their portfolio. The current tenants have been in the property for several years and have consistently paid their rent, with no intention to move out. With a Let Property Pack available for further details, this property is a great opportunity for investors to generate rewarding rental returns.
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