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2 bedroom end of terrace house for sale
Gainsborough Avenue, South Shields, NE34
£80,000
Gainsborough Avenue, South Shields, NE34
£80,000
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
Description
This 2-bedroom end-terraced house in South Shields is a fantastic investment opportunity for those looking to expand their portfolio. The property is currently generating an annual gross income of £6,300, but with some minor adjustments, it could be increased to a market rate of £8,448. The current tenants, who have been in the property for several years, have consistently paid their rent and have no intention of moving out, making it a stable and lucrative investment. The property itself is well-kept and features 2 bedrooms, a lounge, kitchen, bathroom, rear garden space, and a parking space. With its proximity to valuable amenities and potential for increased rental returns, this property is an excellent choice for investors looking to grow their portfolio.