Initial price	£70,000
04/01/25	£65,000
11/01/25	£63,000
17/01/25	£61,000
01/02/25	£59,000
Price Change	-15.71%

This 1-bedroom flat in South Shields is an excellent investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, bathroom, kitchen, and 1 bedroom. Currently, it produces an annual gross income of £4,800, but with long-term tenants already in place, the new owner could increase this to a market rate of £6,276. With a tenant already situated, the property offers a low-risk investment option, and the current tenants have consistently paid their rent and have no intention of moving out. The property is a worthwhile addition to any investor's portfolio, and Let Property Sales is committed to facilitating a smooth transaction process.