Summary - 6, Reading Road NE33 4UG
2 bed 1 bath Flat
Ready-let two-bedroom flat close to schools, shops and transport links.
Tenant in situ — immediate rental income
Freehold ground-floor flat with rear yard
Compact overall size: c.614 sq ft
Living room requires modernisation, dated areas
Solid brick walls; likely no cavity insulation
EPC rating D; potential energy upgrade opportunity
Sale by online auction — buyer fees apply
Area crime above average; verify rental demand locally
Set at ground-floor level on Reading Road, this two-bedroom freehold flat is offered as an auction investment with a tenant in situ, providing immediate rental income. The property sits close to schools, shops and transport links, making it straightforward to let in a busy South Shields neighbourhood.
Internally the flat benefits from contemporary kitchen fittings and double glazing, with a bright lounge and two bedrooms. The layout includes a rear yard for basic outdoor use. Heating is mains gas with a boiler and radiators; council tax is low (Band A).
Known negatives are clear: overall size is small (approx. 614 sq ft), one reception area needs modernisation and the building has solid brick walls assumed to lack insulation. Crime levels in the area are above average and the EPC is D. The sale will be by online auction (fees and buyer requirements apply), so buyers should allow for auction administration costs and pre-sale verification.
For an investor this flat offers a ready-let, low-maintenance entry into the local market with scope to improve yields through modest refurbishment or energy upgrades. Ensure you carry out full legal and survey checks before bidding at auction.
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