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Freehold

£140,000

5 bed flat for sale

34 -36 Malvern Street, South Shields NE33
5 beds
2 baths
2 receptions
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£140,000

5 bed flat for sale
34 -36 Malvern Street, South Shields NE33

    • 5 beds

    • 2 baths

    • 2 receptions

  • EPC Rating: C

Freehold

About this property

  • Pair of flats

  • Three bedrooms to the upper flat

  • Two bedroom lower

  • Current tenants in situ

  • Close to metro

  • Ideal investment opportunity

  • Freehold title

  • Ready made investment

An excellent investment opportunity to acquire a pair of tenanted flats on a single freehold title, ideally located in a convenient area close to the Metro and South Shields town centre. This property comprises a spacious three-bedroom upper flat and a well-proportioned two-bedroom lower flat, both currently occupied by tenants in situ.

The property offers immediate rental income and has the potential to achieve an impressive yield of approximately 11%, making it a highly attractive prospect for buy-to-let investors. With strong demand for rental accommodation in the area and excellent transport links nearby, this is a secure and promising addition to any investment portfolio.

The freehold title ensures there are no ground rent or service charge liabilities, adding further value to this opportunity. Situated in a popular and well-connected location, this property benefits from consistent rental appeal and long-term growth potential.

For more information or to arrange a viewing, please get in touch. This is a rare chance to secure a high-yielding investment with tenants already in place.

Entrance Hall

Lounge

The neutrally decorated lounge features a charming fireplace and offers direct access to the second bedroom.

Kitchen

The kitchen is neutrally decorated and fitted with a range of wall and base units, offering ample storage. It includes an gas hob and electric oven, plumbing for a washing machine, and space for a fridge freezer.

Bathroom

Neutrally decorated generous bathroom with shower over the bath

Bedroom

Bedroom

Bedroom

External

More information

  • Tenure

    Freehold

  • Council tax band

    A

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