Laygate, South Shields NE33 2 bed flat for sale

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Laygate, South Shields NE33 2 bed flat for sale

Laygate, South Shields, Tyne And Wear, NE33
£45,000

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 South Shields offers a lucrative investment opportunity, with a current annual gross income of £6,600 and a tenant already in situ. The property is well-maintained and features a lounge, kitchen, and three-piece bathroom. With a tenant who has been paying rent consistently for several years and has no plans to move out, this is a stable and rewarding investment for those looking to expand their portfolio. The property's potential rental income and current rental yield make it a worthwhile addition to an investor's portfolio, and Let Property is committed to facilitating a smooth transaction process.