2 bedroom flat for sale

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2 bedroom flat for sale

Richmond Road, South Shields NE34
£70,000

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below

Description

This 2-bedroom flat in South Shields is an attractive investment opportunity, offering a current annual gross income of £5,280 and the potential to increase to £7,500 with long-term tenants already in place. The property is well-maintained and features a lounge, kitchen, and bathroom, making it a worthwhile addition to an investor's portfolio. The current tenants have been paying rent consistently for several years and have no plans to move out, providing a stable and secure income stream. With a Let Property Pack available for further information, this property offers a great chance for investors to expand their portfolio with a reliable and lucrative rental return.
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