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2 bed flat
Richmond Road, South Shields NE34
£68,000
Richmond Road, South Shields NE34
£68,000
Price History
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 |
31/01/25 | £68,000 |
Price Change | -2.86% |
Description
This 2-bedroom flat in South Shields is a fantastic 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. With a new owner, the rental income could be increased to a market rate of £7,500. The property has a tenant currently situated, who has lived in the property for several years and has consistently paid rent. The current tenant has no intention of moving out, making this a stable and lucrative investment opportunity. With a Let Property Pack available for further details, this is a worthwhile addition to any investor's portfolio.