Laygate, South Shields NE33 2 bed flat for sale

>

Laygate, South Shields NE33 2 bed flat for sale

Laygate, South Shields NE33
£45,000

Price History

Initial price £65,000
05/09/25 £55,000
18/09/25 £50,000
16/10/25 £45,000
Price Change -30.77%

Description

This 2-bedroom flat in South Shields offers a lucrative investment opportunity, with a current annual gross income of £6,600 and a tenant already in situ. The property is well-maintained and features a lounge, kitchen, and three-piece bathroom. With a tenant who has been paying rent consistently for several years and has no plans to move out, this is a stable and rewarding investment for those looking to expand their portfolio. The property's potential rental income and current rental yield make it a worthwhile addition to an investor's portfolio, and Let Property is committed to facilitating a smooth transaction process.