5 bedroom flat for sale

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5 bedroom flat for sale

34 -36 Malvern Street, South Shields
£140,000

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 a rare investment opportunity to acquire a pair of tenanted flats on a single freehold title, located in a convenient area near the Metro and South Shields town center. The property comprises a spacious three-bedroom upper flat and a well-proportioned two-bedroom lower flat, both currently occupied by tenants, 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 property. With strong demand for rental accommodation in the area and excellent transport links nearby, this is a secure and promising addition to any investment portfolio, offering consistent rental appeal and long-term growth potential.