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Laygate, South Shields NE33 2 bed flat for sale
Laygate, South Shields, Tyne And Wear, NE33
£50,000
Laygate, South Shields, Tyne And Wear, NE33
£50,000
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 is a great investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a lounge, kitchen, and three-piece bathroom. Currently, it generates an annual gross income of £6,600 with tenants who have been in the property for several years and have a history of paying their rent on time. The property's potential rental income and purchase price make it a worthwhile addition to an investor's portfolio, and the current tenants do not intend to move out, ensuring a smooth transition for the buyer.