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179a Sunderland Road
South Sheilds
Tyne And Wear
NE34 6AD
34 -36 Malvern Street, South Shields
£140,000
5 Bedroom Flat
- 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
Energy Efficiency and Environmental Impact
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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