4 bedroom flat for sale

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4 bedroom flat for sale

Stanhope Road, South Shields
£145,000

Our Summary

  • PLEASE CALL THE OFFICE ON TO ARRANGE A VIEWING SLOTFOR SALE BY WAY OF ONLINE AUCTION - ON 30TH OF APRIL 2024
  • Introducing a prime investment opportunity situated in the bustling locale of Stanhope Road, this property beckons savvy investors seeking great returns

Description

The property is a prime investment opportunity located in a bustling area, boasting a pair of flats and a commercial shop unit. The flats are currently let but will be offered with vacant possession, providing an opportunity for landlords to handpick their ideal tenant profile and set rents according to market demand, promising an anticipated yield of between £15,600 and £18,000 per annum. The commercial shop unit is currently leased with approximately two years remaining, generating a consistent income of £400 per month. The property's strategic location, versatile rental options, and promising yield potential make it a sound investment opportunity for astute investors seeking stability and growth in the ever-evolving landscape of property investment.
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