5 bedroom flat for sale

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5 bedroom flat for sale

34 -36 Malvern Street, South Shields NE33
£100,000

Our Summary

  • An excellent investment opportunity to acquire a PAIR of tenanted flats on a single freehold title, ideally located in a convenient area close to the Metro and South Shields town centre
  • The property offers immediate rental income and has the potential to achieve an impressive yield of approximately 11%, making it a highly attractive prospect for buy-to-let investors
  • IDEAL INVESTMENT OPPORTUNITY
  • Ideal investment opportunity

Description

This is an exceptional investment opportunity to acquire a pair of tenanted flats on a single freehold title, situated in a convenient area close to the Metro and South Shields town centre. The property comprises a spacious three-bedroom upper flat and a well-proportioned two-bedroom lower flat, both currently occupied by tenants in situ, offering immediate rental income and a potential yield of approximately 11%. The freehold title ensures no ground rent or service charge liabilities, adding value to the investment. With strong demand for rental accommodation in the area and excellent transport links nearby, this property benefits from consistent rental appeal and long-term growth potential, making it a secure and promising addition to any investment portfolio.