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2 bedroom flat for sale
Collingwood Street, South Shields NE33
£60,000
Collingwood Street, South Shields NE33
£60,000
Price History
Initial price | £65,000 |
16/03/25 | £63,000 |
22/03/25 | £61,000 |
29/03/25 | £59,000 |
06/04/25 | £65,000 |
11/04/25 | £60,000 |
17/04/25 | £58,000 |
23/04/25 | £56,000 |
06/05/25 | £60,000 |
Price Change | -7.69% |
Description
This 2-bedroom flat in South Shields is a lucrative investment opportunity, currently generating an annual gross income of £4,800 and offering potential for growth to £6,924 with long-term tenants already in place. The well-maintained property features 2 bedrooms, a bathroom, lounge, kitchen, and on-street parking, making it an attractive addition to any investor's portfolio. With a current tenant situated, the new owner can benefit from a hassle-free transition and a steady income stream. The property is located near valuable amenities, providing a convenient living situation for tenants.