Laygate, South Shields NE33 2 bed flat for sale

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Laygate, South Shields NE33 2 bed flat for sale

Laygate, South Shields NE33
£55,000

Price History

Initial price £65,000
05/09/25 £55,000
Price Change -15.38%

Description

This 2-bedroom flat in South Shields is a fantastic investment opportunity, generating an annual gross income of £6,600 with a tenant already in place. The property is well-maintained and features a lounge, kitchen, and three-piece bathroom. The current tenants have been living in the property for several years and have a good track record of paying their rent on time, with no plans to move out. With its proximity to amenities and potential for future rental income, this property is a worthwhile addition to any investor's portfolio.