Initial price	£80,000
10/09/24	£75,000
04/10/24	£72,000
01/04/25	£65,000
Price Change	-18.75%

Prime Property Auctions is excited to bring to market a stunning 2-bedroom flat in a prime location in South Shields, Tyne and Wear. The property is situated in an up-and-coming area, close to schools and local amenities, and is offered at a guide price of £72,000. With fantastic capital growth potential, this property is sure to appeal to shrewd investors looking for a turnkey investment opportunity. The property could achieve a gross yield of 13.25% for rental purposes, or a gross yield of 24.84% as a serviced accommodation, generating an annual income of £9,540 or £17,885 respectively. With its vibrant bathroom, large bedrooms, and fantastic condition, this property is a rare auction opportunity that is not to be missed.