Collingwood Street, South Shields NE33 2 bed flat for sale

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Collingwood Street, South Shields NE33 2 bed flat for sale

Collingwood Street, South Shields NE33
£58,000

Price History

Initial price £60,000
17/04/25 £58,000
Price Change -3.33%

Description

This 2-bedroom flat in South Shields is a valuable investment opportunity, generating an annual gross income of £4,800 and offering potential for increase to £6,924 with new tenants. The property is well-maintained and features two bedrooms, a triple-fixture bathroom, lounge, kitchen, and on-street parking. With a tenant currently in situ, the new owner can capitalize on the existing rental income, making it a worthwhile addition to an investor's portfolio. The property is situated near amenities, providing a convenient living environment for tenants. With a Let Property Pack available and a commitment to a smooth transaction process, this investment opportunity is not to be missed.