Property Details: - Type: Residential development - Bedrooms: 6 - Bathrooms: 0

Agent: Propertunity North East - Tyne & Wear Phone: 0191 563 0488

Nestled in the heart of South Shields on Westoe Road, this exceptional flat presents a remarkable investment opportunity. Fully refurbished in 2021, the property boasts a modern and stylish interior, making it an attractive choice for potential tenants. <br/><br/>The flat features one well-appointed bedroom, a contemporary bathroom, and a welcoming reception room, providing a comfortable living space. Additionally, the property includes parking for one vehicle, a valuable asset in this bustling area. <br/><br/>This investment is particularly appealing as it is currently fully let, generating an impressive annual income of £26,400, with tenants responsible for all utility bills. The property is part of a larger development that comprises a four-bedroom House in Multiple Occupation (HMO) and a self-contained flat, alongside a ground floor retail unit, enhancing its potential for diverse income streams.<br/><br/>Situated in a prime location, the flat is conveniently close to the Town Hall, local college, and the beautiful beach and coast, making it an ideal residence for students and professionals alike. This property not only offers a lucrative investment but also the chance to own a piece of South Shields in a vibrant and sought-after area. Don’t miss out on this fantastic opportunity to expand your property portfolio.<br/><br/>