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2 bedroom ground floor flat for sale
Farnham Road, South Shields, Tyne And Wear, NE34
£64,000
Farnham Road, South Shields, Tyne And Wear, NE34
£64,000
Price History
Initial price | £73,500 |
11/05/24 | £65,000 |
16/05/24 | £55,000 |
05/06/24 | £73,500 |
25/06/24 | £70,000 |
26/07/24 | £68,000 |
31/07/24 | £66,000 |
07/09/24 | £64,000 |
Price Change | -12.93% |
Description
This 2-bedroom property is a lucrative investment opportunity, with a current annual rent of £6,000 and potential rent of £6,600 per year, offering a total potential return of 152% after 5 years. The property has a consistent tenant history, with a month-to-month rolling contract and no missed or late payments. The accommodation features a spacious lounge/kitchen area, two bedrooms, and one modern bathroom, making it an attractive option for tenants seeking convenience and connectivity. With its D EPC rating, this property presents a chance to add a tenanted 2-bed property to your portfolio, offering a solid return on investment. Contact us today to receive a copy of the Investment Schedule and seize this opportunity.