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South Shields, NE34

£70,000|Flat | 2 bedroom | Leasehold|↑4.48% compared to last sold price
Approximate area: NE34
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Added on 12th November 2025 by Dowen, Sunderland
On the market for 10 months, 3 days
Summary
This well-presented property offers an excellent investment opportunity with a reliable tenant in place currently paying £500pcm. Comprising an entrance with stairs leading to the first floor, the property boasts a spacious lounge, perfect for relaxing or entertaining.
Price history
2022 £67,000
  (0.00%)
2005 £67,000
£67k£68k£69k£70k20052011201720232026Asking £70,000
Sold pricesAsking price since listing
EPC data
Date of EPC: 23rd April 2025 - Valid
EPC rating: C
Property age: 1900-1929
EPC energy efficiency rating: current 71, potential 78
Rent data
2 properties with the same number of bedrooms and style in the same area to let
The asking rent ranges from £600 to £650 which represents a yield of between 10.3% and 11.1% if buying at the asking price
A yield of 11.4% to 12.4% if purchased for 90% of the asking price (£63,000)
A yield of 12.9% to 13.9% if purchased for 80% of the asking price (£56,000)
Stamp duty
£
Main and only residence: £0.00
First-time buyer: £0.00
Buy-to-let: £3,500.00
Planning applications
Checking for planning applications…
Changes to property since tracking began
None