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North Shields, NE29

£150,000|Flat | 3 bedroom | Freehold
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Approximate area: NE29
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Added on 17th July 2023 by Trading Places, Whitley Bay
On the market for 3 years, 1 month
Summary
****INVESTMENT OPPORTUNITY** PAIR OF FLATS**ONE BEDROOM GROUND FLOOR AND TWO BEDROOM MAISONETTE**TENENTED ALREADY WITH A RENTAL INCOME OF £12,780 pa **FREEHOLD** TOWN CENTRE LOCATION*** Trading Places welcome to the market for sale this investment opportunity to purchase a pair of flats...
EPC data
Date of EPC: 11th February 2026 - Valid
EPC rating: D
Property age: 1900-1929
EPC energy efficiency rating: current 68, potential 72
Rent data
4 properties with the same number of bedrooms and style in the same area to let
The asking rent ranges from £695 to £750 which represents a yield of between 5.6% and 6% if buying at the asking price
A yield of 6.2% to 6.7% if purchased for 90% of the asking price (£135,000)
A yield of 7% to 7.5% if purchased for 80% of the asking price (£120,000)
Stamp duty
£
Main and only residence: £500.00
First-time buyer: £0.00
Buy-to-let: £8,000.00
Planning applications
Checking for planning applications…
Changes to property since tracking began
None