**Key Features:**
- **2 Bedrooms, 1 Bathroom Flat**
- **Guide Price:** £72,000
- **Rental Potential:** £795/month, yielding approx. **13.25%**
- **Serviced Accommodation Potential:** Up to £70/night, yielding approx. **24.84%**
- **Condition:** Newly renovated, chain-free, prime investor opportunity
- **Local Amenities:** Schools, shops, cafes, and excellent transport links nearby
- **Council Tax:** Very cheap
Discover a remarkable opportunity to own this newly renovated 2-bedroom flat in the heart of South Shields. Priced attractively at £72,000, this turn-key investment stands out with impressive rental returns of approximately £9,540 annually or a staggering £17,885 in serviced accommodation scenarios, given a 70% occupancy rate. With neighboring sales indicating rising values—such as an adjacent property that sold for £129,000 earlier this year—the potential for capital growth is evident.
This flat features a welcoming entrance, a spacious living room, a functional kitchen, and two generous bedrooms, all designed for comfort and modern living. Nestled in a vibrant coastal community, you are just moments away from sandy beaches, local eateries, and essential amenities, making it ideal for families, professionals, or as a strategic investment. Although the crime rating is high, which is typical for urban settings, the area is developing, and well-regarded schools nearby enhance its appeal.
Take advantage of this excellent investment opportunity where location meets potential—this property will be sold at auction and is available for immediate offers. Don’t miss out on your chance to tap into South Shields' promising rental market and enjoy the comfort of contemporary living.
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