Initial price	£70,000
06/12/24	£65,000
14/12/24	£63,000
21/12/24	£70,000
24/12/24	£68,000
03/01/25	£66,000
10/01/25	£64,000
17/01/25	£70,000
01/02/25	£68,000
28/02/25	£63,500
13/03/25	£61,500
20/03/25	£59,500
27/03/25	£57,500
04/04/25	£63,500
09/04/25	£61,500
18/04/25	£59,500
01/05/25	£57,500
08/05/25	£63,500
Price Change	-9.29%

This 2-bedroom flat in South Shields is a great investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, and bathroom, with a current annual gross income of £5,280. However, with some tweaks, the income could be increased to £7,500, making it a worthwhile addition to an investor's portfolio. The current tenants, who have been living in the property for several years, have a good payment history and do not intend to move out, providing a stable and secure income stream. The property is in close proximity to valuable amenities, making it an attractive option for both investors and tenants alike.