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SOLD STC

Gladstone Street, Hebburn

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

1

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

2D floorplan with...3D floorplan
3

Key features

  • TWO BEDROOM GROUND FLOOR FLAT
  • GREAT LOCATION
  • CURRENTLY TENANTED
  • CURRENT RENT £500PCM
  • TWO BEDROOMS
  • EPC RATING - D
  • FREEHOLD
  • COUNCIL TAX BAND - A

Description

An excellent opportunity to purchase a well-maintained two-bedroom ground floor flat in Hebburn, South Tyneside.

The flat centres around a cosy and nicely maintained living room, providing a comfortable space for relaxation. The fitted kitchen, located at the rear of the property, is practical and well-equipped, leading directly to the family bathroom.

This property boasts two well-sized bedrooms. The large front bedroom features a charming bay window and a feature fireplace, adding character and warmth to the space. The second bedroom, which overlooks the rear yard, is also of a good size and offers versatility for use as a guest room, office, or additional living space. Externally, the flat benefits from a shared rear yard.

The current owner has invested in several improvements, including updated electrical works with a completed Electrical Installation Condition Report (EICR), new flooring, and a new shower.

This property is currently tenanted on a 12-month lease running until May 2025, generating a healthy 8% gross yield with a rental income of £500 per calendar month. With a long-term tenant in place, this flat offers a solid return and is an ideal addition to any investment portfolio.

Hebburn is a popular residential area with excellent transport links, local amenities, and schools. The property's location ensures easy access to the wider South Tyneside region and beyond.
 

Brochures

Key Facts for Buy...
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.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Gladstone Street, Hebburn

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About Martin & Co, Sunderland

22 Athenaeum Street, Sunderland, SR1 1DH

Established in 1986 and launched as a franchise in 1995 it hasn’t taken Martin & Co long to become one of the UK’s leading residential lettings and property management businesses. Whether we’re helping our landlords' businesses to let their properties or finding our tenants houses and flats to rent, Martin & Co will always pay attention to our client’s specific needs.

Located on the high street, Martin & Co has over 175 dedicated letting agents throughout the UK. Because all of our offices are operated by business owners with an expertise in the local lettings market we have helped thousands of satisfied tenants and landlords nationwide.

Our unique blue and white logo combined with the clean modern look of our offices has helped Martin & Co to become one of the most distinctive lettings brands in the UK. We are also the largest lettings network across the UK, in terms of geographical spread, and we were recently recognised as the Best Large Lettings Chain in the UK (Estate Agent & Letting Agent Awards).

Your mortgage

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Years
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Monthly repayments
£327
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Disclaimer - Property reference 101187003021. 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 Martin & Co, Sunderland. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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