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Laygate, South Shields, Tyne and Wear, NE33 4JN

£50,000
2 Bedroom
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Overview

2 Bedroom For Sale in Laygate, South Shields, Tyne and Wear, NE33 4JN

Full Details

***NO CHAIN***

Perfect for INVESTORS or FIRST TIME BUYERS.

We are delighted to offer to the market this 2-bedroom third floor flat on Rekendyke Mews, South Shields.

The property offers a well-adapted layout and comfortable accommodation supporting a wide array of individual or collective FAMILY activities.

Investor opportunties the property is a great one given that it is able to achieve a rental income in excess of £600 per month at a yield of in excess of 14%.

This property has accommodation briefly comprising; The living room draws in an abundance of natural daylight creating a bright and airy feeling throughout with ample room for a dining table. The kitchen is fully equipped with fittings including sleek mounted units and contemporary work surfaces.

Continuing on there is a commodious master bedroom benefitting from an en-suite bathroom with a shower cubicle and an additional double bedroom with both rooms having extra space for storage. There is a family bathroom comprising of a modern 3-piece suite with a bath.

Externally there is residential parking.

Located only 2 minutes walk from the Metro so great to travel pretty much anywhere easily.

Investment wise similar properties are achieving up to £600 per month rental income giving a great yield of 12% so is a perfect investment given the cost and the location.
Viewing highly recommended to appreciate the opportunity on offer.

Lounge/Diner 4.67m x 4.67m

Kitchen 3.78m x 2.06m

Bathroom 2m x 1.98m

Bedroom 3.05m x 1.88m

Bedroom 4.37m x 2.24m

Hall 3.96m x 2.4m