Investor-ready flat near hospital with private yard and tenant in situ.
Freehold ground-floor flat with two double bedrooms
A practical ground-floor freehold flat offering two double bedrooms and a private rear yard, presented as a tidy investment with immediate rental income. The property sits close to South Tyneside General Hospital, making it well-placed for healthcare workers or long-term lettings. Interiors are neutrally finished with mixed carpet and laminate floors, a fitted cottage-style kitchen, and a four-piece bathroom. The flat is currently tenant-occupied, providing an investor-ready purchase; council tax band A keeps running costs low for owner-occupiers or landlords. The building dates from the 1930–1949 period and retains period features such as a bay window and feature fireplaces, though overall finishes are serviceable rather than high-spec. Notable limitations include an EPC rating of D and a location within an area described as deprived with high local crime — factors that will affect tenant demand and valuation. The accommodation would benefit from minor modernisation to maximise rental yield or resale value, but the freehold tenure and low asking price present clear upside for buyers prepared to invest in improvements. For first-time buyers considering owner-occupation, the flat’s private yard, sensible layout and proximity to local amenities are attractive; investors will value the immediate income and straightforward maintenance profile of this compact property.
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