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Laygate, South Shields NE33 1 bed flat for sale
Laygate, South Shields, Tyne And Wear, NE33
£65,000
Laygate, South Shields, Tyne And Wear, NE33
£65,000
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 1-bedroom flat in South Shields is an excellent investment opportunity, offering a current annual gross income of £6,600 and the potential for future rental returns. The property is well-maintained and features a 1-bedroom, three-piece bathroom, lounge, and kitchen. The current tenants, who have been in the property for several years, are committed to staying, providing a stable rental income stream. With its proximity to amenities and potential for long-term rental returns, this property is a great addition to any investor's portfolio.