Stanhope Road, South Shields, NE33 2 bed flat for sale

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Stanhope Road, South Shields, NE33 2 bed flat for sale

Stanhope Road, South Shields, NE33
£53,000

Price History

Initial price £57,000
03/07/24 £53,000
Price Change -7.02%

Description

This 2-bedroom ground floor flat in South Shields is a fantastic investment opportunity, available with no forward chain. The property features double glazing, gas central heating, and ample on-street parking nearby. Currently tenanted, it offers immediate rental yields and can be sold with tenants in situ. The leasehold property has 155 years remaining on the lease, with a ground rent of £15 per annum and no service charges. The interior is beautifully presented, with a spacious living room, two double bedrooms, fitted kitchen, and three-piece bathroom. Located in the popular town of South Shields, the property is close to amenities, transport connections, and local bus routes, making it an exciting opportunity for investors.