3 bedroom apartment

Marlborough Street South, South Shields NE33 4DB

Size: 75 sqm

Purchase price

£90,000

Size: 75 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £6,600
Net income £6,600
Gross yield 7.33%
Net yield 7.33%

TENANTED INVESTMENT OPPORTUNITY WITH A 7.33% NET YIELD! A three bed first floor flat located in South Shields.


This fantastic three bed first floor flat is offered unfurnished. Comprising of two double bedrooms, one single bedroom, living/dining room, modern fitted kitchen with appliances and family bathroom with shower over bath, presented to a high standard with modern furnishings throughout.

The flat is in a sought after location in the centre of South Shields with excellent local amenities as well as being close to South Tyneside Hospital. It also boasts good transport links such as the Metrolink and is only a 25 minute drive to Newcastle City Centre.

South Shields is a coastal town located at the mouth of the River Tyne and is the oldest and largest town in South Tyneside. It is one of the region’s most popular seaside resorts. For those not seeking the city life, it is only a 10 minute drive to beach and all it has to offer.

In the past year property prices in the North East have risen by 2.9% and in South Tyneside it is reported they have risen as much as 7.9%. Making it a perfect place to invest

Full details and financial breakdown available upon request.

Interested in this property? Enquire today for more information

Key features

Key features

NET yield of 7.33%

Key features

3 bedroom flat

Key features

2 double bedrooms

Key features

Modern throughout

Key features

Fitted kitchen

Key features

10 minutes to the beach

Key features

25 minutes to Newcastle City Centre

Key features

Tenanted for immediate return on income

Key features

Freehold

TENANTED INVESTMENT OPPORTUNITY WITH A 7.33% NET YIELD! A three bed first floor flat located in South Shields. More info...

This fantastic three bed first floor flat is offered unfurnished. Comprising of two double bedrooms, one single bedroom, living/dining room, modern fitted kitchen with appliances and family bathroom with shower over bath, presented to a high standard with modern furnishings throughout.

The flat is in a sought after location in the centre of South Shields with excellent local amenities as well as being close to South Tyneside Hospital. It also boasts good transport links such as the Metrolink and is only a 25 minute drive to Newcastle City Centre.

South Shields is a coastal town located at the mouth of the River Tyne and is the oldest and largest town in South Tyneside. It is one of the region’s most popular seaside resorts. For those not seeking the city life, it is only a 10 minute drive to beach and all it has to offer.

In the past year property prices in the North East have risen by 2.9% and in South Tyneside it is reported they have risen as much as 7.9%. Making it a perfect place to invest

Full details and financial breakdown available upon request.

  • Key features
    Tick Desktop NET yield of 7.33%
    Tick Desktop 3 bedroom flat
    Tick Desktop 2 double bedrooms
    Tick Desktop Modern throughout
    Tick Desktop Fitted kitchen
    Tick Desktop 10 minutes to the beach
    Tick Desktop 25 minutes to Newcastle City Centre
    Tick Desktop Tenanted for immediate return on income
    Key features

    Freehold

  • LocationLocation
  • EPCEPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £6,600
Net income £6,600
Gross yield 7.33%
Net yield 7.33%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.