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1 bed property
Stanhope Road, South Shields NE33
£78,000
Stanhope Road, South Shields NE33
£78,000
Price History
Initial price | £80,000 |
30/05/25 | £78,000 |
Price Change | -2.50% |
Description
This property presents an ideal investment opportunity, featuring a ground floor retail premises let at £3120 per annum and a one-bedroom upper flat in good condition, currently let on a monthly AST at £300 per month. The property is situated in a local parade of shops with bus routes and the Tyne Dock Metro nearby. The flat boasts a lounge, bedroom, kitchen breakfast room, and shower room, all with modern amenities. The shop, also located on the ground floor, is let on a 13-month term at a rent of £3120 per annum, providing a steady income stream. With its prime location and excellent rental yields, this property is an attractive investment opportunity for those looking to generate passive income.