Wharton Street, South Shields 2 bed flat for sale

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Wharton Street, South Shields 2 bed flat for sale

Wharton Street, South Shields
£59,000

Price History

Initial price £62,000
26/11/24 £60,000
22/01/25 £59,000
Price Change -4.84%

Description

This charming two-bedroom ground floor flat is a fantastic opportunity for first-time buyers or investors, located in a central location just a short walk from the coast. The property features an entrance hallway with storage, a modern lounge, two double bedrooms, a modern kitchen, and a contemporary four-piece bathroom. The flat also has a private rear yard and offers an attractive potential rental yield of 12% for investors. The freeholder is willing to extend the lease, making it a hassle-free purchase. The property is being sold via a transparent online auction, and all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering regulations. Viewings are strictly by appointment only via the marketing agent or The Auctioneer.