2 bedroom flat for sale

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2 bedroom flat for sale

Collingwood Street, South Shields, NE33
£58,000

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)

Description

This 2-bedroom flat in South Shields is a lucrative investment opportunity, currently generating an annual gross income of £4,800 and with the potential to increase to £6,924 with long-term tenants already in place. The well-maintained property features two bedrooms, a triple-fixture bathroom, lounge, kitchen, and on-street parking, making it an attractive addition to any investor's portfolio. With a current tenant situated, the new owner can benefit from a steady income stream, and with the property's proximity to valuable amenities, it's an excellent opportunity to diversify a property portfolio.
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