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Boldon Lane, South Shields, NE34 0ND

£140,000

Property Type
Semi-detached
Bedrooms
3
Bathrooms
2
Reception Rooms
1
Tenure
Freehold
Agent
Let Property
Floor Area
818 sq ft
Price / sq ft
£171
Listed 3d agoUpdated 13h ago

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Property Summary

This well-maintained 3-bedroom semi-detached house in South Shields offers excellent investment potential with a current annual gross rental income of £10,200 and a gross yield of 7.29%. The property features a lounge, kitchen, two bathrooms, private front and rear gardens, and private driveway parking. Situated close to key amenities, it benefits from a reliable tenant currently in residence under a compliant residential agreement, funded by the local authority. Freehold tenure and a council tax band A rating complement the 775 sq ft living space, with an EPC rating of D and potential to improve to C. This property represents a valuable addition to any investor's portfolio, particularly for cash buyers seeking a secure, income-generating asset.

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