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Laygate, South Shields NE33 2 bed flat for sale
Laygate, South Shields NE33
£45,000
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.