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£49,000

2 bed flat for sale
John Williamson Street, South Shields NE33

    • 2 beds

    • 1 bath

  • EPC Rating: C

Leasehold
Added on 02/05/2025

About this property

  • 18+% Yield

  • Tenants In Situ

  • Low Entry Point For First Time Investors

  • Turnkey Investment

  • Strong Rental Location

An unmissable chance to acquire a high-performing buy-to-let property delivering exceptional returns from day one. 490 John Williamson Street is a fully tenanted, income-producing asset generating a superb 18.4% gross yield, making it a perfect addition to any serious investor's portfolio.

Located in a strong rental area with consistent demand, this property is already generating £750 per calendar month, giving you a gross annual income of £9,000 on a modest purchase price of just £49,000.

This kind of return is rarely available on the open market - especially in a ready-to-go format that requires no upfront renovation, letting effort, or tenant sourcing.

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Monthly repayment

£245 per month

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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

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