**Standout Features:**
- **Investment Opportunity**: Pair of flats with existing tenants
- **Rental Income**: £11,700 per annum
- **Freehold Property**: Potential for separation into individual units
- **Town Centre Location**: Close to amenities and transport links
- **No Upper Chain**: Smooth transaction guaranteed
This savvy investment opportunity presents a pair of well-located flats in North Shields, combining a one-bedroom ground floor unit with a two-bedroom maisonette above. Currently tenanted, these properties generate a rental income of £11,700 annually, making them ideal for investors or those looking to expand their property portfolio. The freehold title gives you the option to manage or sell the flats separately in the future.
Perfectly situated in the heart of North Shields, this property offers easy access to local shops, public transport, and is only a stone’s throw from the coastal charm of Tynemouth. Despite its compact nature, each unit comes with essential amenities, including gas central heating and double glazing, ensuring comfort and efficiency for tenants.
While the property does require a degree of modernization—the small rooms and dual entry can offer flexibility in design—its excellent location in a bustling community provides security and convenience. With no upper chain, this is a quick win for discerning buyers or investors who recognize the potential in a town center setting. Don’t miss out on this unique opportunity to secure a reliable income stream!
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