Offers in region of
£90,000
(£120/sq. ft)
2 bed flat for saleStanhope Road, South Shields NE33
2 beds
1 bath
1 reception
753 sq. ft
EPC Rating: C
About this property
Ground floor flat
Long lease of 961 years
Very well presented
Deceptively spacious
Private rear yard with decking
Modern kitchen and bathroom
EPC grade C
Council tax band A
Potential yield of 9% for A landlord
A key feature of this flat is that it is sold with a tenant in situ, providing immediate rental income and making it an ideal opportunity for landlords looking to expand their investment portfolio.
Located in a sought-after area of South Shields, the property benefits from close proximity to local amenities, transport links, and green spaces, ensuring tenants enjoy easy access to everything they need.
In summary, this ground floor flat on Stanhope Road offers a straightforward investment opportunity with strong rental appeal.
Vestibule
Tastefully decorated in neutral tones, featuring elegant Victorian-style flooring.
Hallway
Neutrally decorated, featuring stylish wood-effect laminate flooring.
Lounge
Currently configured as a dining area, featuring wood-effect flooring, contemporary décor, and a modern electric fireplace.
Kitchen
Modern kitchen featuring pale grey gloss units with wood-effect worktops, a matt black sink with mixer tap, electric hob, integrated electric oven with extractor, a vertical radiator, and plumbing for a washing machine.
Bedroom
Currently arranged as a lounge, featuring a bright bay window that fills the room with natural light.
Bedroom
Double bedroom with a rear-facing aspect
Bathroom
Modern bathroom with grey tiled walls, featuring a modern bath with mixer taps, wash hand basin, WC, and a shower with a mains-fed waterfall shower over the bath. Victorian style flooring
External
The property features a raised front garden and a private, enclosed rear yard complete with decking.
Mortgage calculator
£450 per month
70+ lenders and 10,000+ products
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.
More information
Tenure
Leasehold (960 years)
Service charge
Council tax band
A
Ground rent
Ground rent date of next review



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