Summary - 562 JOHN WILLIAMSON STREET SOUTH SHIELDS NE33 5LW
2 bed 1 bath Flat
Ready-to-rent city flat with recent rewiring and new boiler.
Two first-floor bedrooms with modern interior and neutral décor
This first-floor, two-bedroom flat in South Shields is offered fully refurbished and ready to move into. A full rewire and new boiler with radiators were completed in 2024, and both the kitchen and bathroom are newly fitted — so day-to-day maintenance is minimal for a new owner or tenant. The compact living space is neutrally presented with contemporary finishes, double glazing and an EPC C, making it straightforward to rent out or occupy.
The property is leasehold with 58 years remaining. That limited term can restrict mortgage options and means many buyers will need cash or specialist lending; mortgage lenders could refuse to lend. Ground rent is low but the short lease is the primary material drawback and will affect resale value and mortgageability.
Located close to transport links and local amenities, the flat suits investors or buyers seeking a low-upkeep, turn-key city property. The wider area shows higher crime and high deprivation compared with national averages, so buyers should factor location-related rental demand and pricing into their decision. Shared yard access provides outdoor space that’s uncommon for flats in this building style.
Constructed early 20th century with solid brick walls (likely uninsulated), the building retains period form while the interior is modern. This is a pragmatic buy for cash buyers, portfolio investors or first-time landlords wanting immediate rental income without further renovation.
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