2 bed Flat For Sale £75,000
Stephenson House, Stephenson Street, North Shields

A great property for the first time buyer or perhaps the professional landlord looking to release rental income. The property is a recent conversion to residential status. The block forms multiple flats over a number of floors.

This flat is based on the third floor and briefly comprises; secure entry hall, lounge and modern open plan kitchen area which offers wall and floor units along with fitted hob and oven. There is a bathroom WC with three piece suite and a double bedroom.

The location of this property is without doubt extremely central and a fabulous variety of local amenities are within easy reach including cafes, bars and restaurants. The A1058 Coast Road is close by so you have a direct route to the coast or Newcastle City Centre. There are good links to public transport facilities including prime bus routes and the Metro service. For the growing family the property is well positioned for access to very well-regarded schools. A great market is available in Tynemouth Metro Station which has a wide variety of products and foods.

If you are looking to rent this property we would estimate the rental income to be in the region of some £500 pcm. Offering a pre tax return of some 8.00% which is good for the portfolio.

Interested parties are urged to arrange a prompt internal viewing. For more information and to book a viewing please call out Tynemouth branch on[use Contact Agent Button].

Tenure
The agent understands the property to be leasehold. However, this should be confirmed with a licenced legal representative.

COVID-19 Guidelines
Although it is not mandatory, we do recommend that viewers wear appropriate PPE to protect themselves and others.

Council Tax band *A*

Living Room / Kitchen -

Bedroom One -

Bedroom Two -