Summary - 18 COLLINGWOOD STREET SOUTH SHIELDS NE33 4JY
2 bed 1 bath Flat
**Standout Features:**
- Buy-to-let opportunity with long-term tenant in place
- Currently generating an annual rent of £4,800
- Potential to elevate rental income to £6,924
- Well-maintained 2-bedroom flat
- Spacious lounge with a modern feel
- Convenient on-street parking
- Easy access to local amenities
**Potential Downsides:**
- Located in a high crime area
- Property situated in a deprived area
Located in South Shields, this well-maintained two-bedroom flat presents an excellent investment opportunity for serious investors and developers. Currently generating a steady rental income of £4,800 annually, the property's returns can be boosted by reaching the market rate of £6,924, making it a valuable addition to any portfolio. The flat features a spacious lounge, a functional kitchen, and a three-piece bathroom, all complemented by on-street parking.
Conveniently positioned near local amenities, the home is accessible, catering to renters looking for comfort and convenience. While the neighborhood experiences high crime rates and is classified as deprived, the property's charm and potential for significant rental returns remain compelling factors for potential buyers. Don't miss out on this exclusive opportunity to secure a buy-to-let property with immediate income—invest in your future today!
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