2 bedroom ground floor flat for sale

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2 bedroom ground floor flat for sale

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.