2 bedroom apartment

Talbot Road, South Shields NE34 0QJ

Size: 77 sqm

Purchase price

£70,000

Size: 77 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £6,000
Net income £6,000
Gross yield 8.57%
Net yield 8.57%

TENANTED INVESTMENT OPPORTUNITY WITH AN 8.57% NET YIELD. A two bed ground floor flat in South Shields.


This fantastic two bed ground floor flat is offered unfurnished with modern neutral decor. The property comprises; two double bedrooms, living room, modern family bathroom with shower over bath, modern fitted kitchen with stainless steel fridge freezer, washing machine, dishwasher, and breakfast bar. Residents also benefit from on street parking

The flat is in a sought after location in the centre of South Shields which has 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 looking to for 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 8.57%

Key features

2 double bedrooms

Key features

Tenanted for immediate return on investment

Key features

Close to hospital

Key features

Amenities and shops nearby

Key features

25 minute drive to Newcastle City Centre

Key features

10 minutes to the beach

Key features

Fitted kitchen

Key features

Freehold

TENANTED INVESTMENT OPPORTUNITY WITH AN 8.57% NET YIELD. A two bed ground floor flat in South Shields. More info...

This fantastic two bed ground floor flat is offered unfurnished with modern neutral decor. The property comprises; two double bedrooms, living room, modern family bathroom with shower over bath, modern fitted kitchen with stainless steel fridge freezer, washing machine, dishwasher, and breakfast bar. Residents also benefit from on street parking

The flat is in a sought after location in the centre of South Shields which has 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 looking to for 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 8.57%
    Tick Desktop 2 double bedrooms
    Tick Desktop Tenanted for immediate return on investment
    Tick Desktop Close to hospital
    Tick Desktop Amenities and shops nearby
    Tick Desktop 25 minute drive to Newcastle City Centre
    Tick Desktop 10 minutes to the beach
    Tick Desktop Fitted kitchen
    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 £6,000
Net income £6,000
Gross yield 8.57%
Net yield 8.57%

*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.