21 Madras Street, South Shields, NE34 9AY
- PROPERTY TYPE
Terraced
- BEDROOMS
3
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Prime Property Auctions New Entry - Fantastic 3 bedroom renovation opportunity. Huge potential rental income once renovated and let!***£85,000 GUIDE PRICE***
- Property has had part refurbishment and would benefit from a renovation to unlock the full potential of the property.
- The property could achieve £750 - £850 PCM (£9,000 - £10,200 P/ A) Which would provide a brilliant rental yield of 10-12% (once tenanted) if acquired at ***£85,000 guide price.***
- ***35, Bainbridge Avenue, South Shields, Tyne And Wear NE34 9QT previously sold for £170,000, 41, Fox Avenue, South Shields, Tyne And Wear NE34 9RW previously sold for £105,000,73, Wenlock Road, So
- Sure to appeal to a Homeowner for a massive capital growth opportunity or an investor looking for a potentially huge rental income vehicle.
Description
-
- Prime Property Auctions New Entry - Fantastic 3 bedroom renovation opportunity. Huge potential rental income once renovated and let!***£85,000 GUIDE PRICE***
- Property has had part refurbishment and would benefit from a renovation to unlock the full potential of the property.
- The property could achieve £750 - £850 PCM (£9,000 - £10,200 P/ A) Which would provide a brilliant rental yield of 10-12% (once tenanted) if acquired at ***£85,000 guide price.***
- ***35, Bainbridge Avenue, South Shields, Tyne And Wear NE34 9QT previously sold for £170,000, 41, Fox Avenue, South Shields, Tyne And Wear NE34 9RW previously sold for £105,000,73, Wenlock Road, South Shields, Tyne And Wear NE34 9BB previously sold for £110,000 ***
- Sure to appeal to a Homeowner for a massive capital growth opportunity or an investor looking for a potentially huge rental income vehicle.
Prime Property Auctions New Entry - Fantastic 3 bedroom renovation opportunity. Huge potential rental income once renovated and let!***£85,000 GUIDE PRICE***
The property is ideal for a shrewd investor looking for a fantastic BRRR opportunity.
The Local sales evidence shows that once renovated,
The property could achieve £750 - £850 PCM (£9,000 - £10,200 P/ A) Which would provide a brilliant rental yield of 10-12% (once tenanted) if acquired at ***£85,000 guide price.***
***35, Bainbridge Avenue, South Shields, Tyne And Wear NE34 9QT previously sold for £170,000, 41, Fox Avenue, South Shields, Tyne And Wear NE34 9RW previously sold for £105,000,73, Wenlock Road, South Shields, Tyne And Wear NE34 9BB previously sold for £110,000 ***
Sure to appeal to a Homeowner for a massive capital growth opportunity or an investor looking for a potentially huge rental income vehicle.
The properties council tax band is B.
Property benefits from sought after location with massive development potential. It is sure to appeal to landlords looking for a POTENTIALLY HIGH yielding investment. The seller will consider early offers.
This property is offered at a fantastic price to ensure an Auction sale.
The property comprises: 3 bedrooms,2 lounge rooms, kitchen, bathroom, and large back driveway.
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” button on our website.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.
Location.
Nestled along the picturesque coastline of South Shields, NE34 9AY, this charming town offers a diverse array of amenities to delight visitors. From seaside cafes serving freshly caught fish to bustling markets brimming with local produce, there's something for every palate. Steeped in maritime history, South Shields boasts ancient Roman ruins and a rich heritage showcased in its museums and historic sites. Outdoor enthusiasts can explore the stunning coastline with its sandy beaches and scenic trails. Conveniently located near major motorways and public transport links, including the A19 and South Shields Metro station, this vibrant town provides easy access to nearby cities and attractions, making it the perfect starting point for coastal adventures.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
21 Madras Street, South Shields, NE34 9AY
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About Prime Property Auctions (Scotland) Ltd, Glasgow
100 West Regent Street, Suite 3.02, Glasgow, G2 2QD
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Visit our security centre to find out moreDisclaimer - Property reference 206286940. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions (Scotland) Ltd, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Prime Property Auctions (Scotland) Ltd, Glasgow on 0141 465 5880.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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