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Hyde Street, South Shields NE33 1 bed flat for sale
Hyde Street, South Shields NE33
£52,000
Hyde Street, South Shields NE33
£52,000
Our Summary
- Please see the Let Property Pack linked below for more details on this property’s investment potential
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
- Investment potential detailed below (Let Property Pack)
Description
This one-bedroom flat in South Shields is a great investment opportunity, offering a comfortable living space with a bedroom, lounge, bathroom, and kitchen, as well as on-road parking. The property has a proven track record of generating a reliable income, with the current tenants having paid rent consistently for 7 months and showing no intention of moving out. The flat was previously operated as an Airbnb, and with some minor adjustments, it could potentially increase its income to a market rate of £6,660. The property is conveniently located near the beach, shops, and restaurants, making it an attractive option for investors seeking long-term returns. With a purchase price that makes it a worthwhile addition to any portfolio, this property has the potential to provide a steady income stream for years to come.