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34 -36 Malvern Street, South Shields

Key features

  • PAIR OF FLATS
  • THREE BEDROOMS TO THE UPPER FLAT
  • TWO BEDROOM LOWER
  • CURRENT TENANTS IN SITU
  • CLOSE TO METRO
  • IDEAL INVESTMENT OPPORTUNITY
  • FREEHOLD TITLE
  • READY MADE INVESTMENT

Description

An excellent investment opportunity to acquire a PAIR of tenanted flats on a single freehold title, ideally located in a convenient area close to the Metro and South Shields town centre. This property comprises a spacious three-bedroom upper flat and a well-proportioned two-bedroom lower flat, both currently occupied by tenants in situ.

The property offers immediate rental income and has the potential to achieve an impressive yield of approximately 11%, making it a highly attractive prospect for buy-to-let investors. With strong demand for rental accommodation in the area and excellent transport links nearby, this is a secure and promising addition to any investment portfolio.

The freehold title ensures there are no ground rent or service charge liabilities, adding further value to this opportunity. Situated in a popular and well-connected location, this property benefits from consistent rental appeal and long-term growth potential.

For more information or to arrange a viewing, please get in touch. This is a rare chance to secure a high-yielding investment with tenants already in place.

Entrance Hall -

Lounge - The neutrally decorated lounge features a charming fireplace and offers direct access to the second bedroom.

Kitchen - The kitchen is neutrally decorated and fitted with a range of wall and base units, offering ample storage. It includes an gas hob and electric oven, plumbing for a washing machine, and space for a fridge freezer.

Bathroom - Neutrally decorated generous bathroom with shower over the bath

Bedroom -

Bedroom -

Bedroom -

External -

Brochures

34 -36 Malvern Street, South ShieldsBrochure
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.
On street
GARDENA property has access to an outdoor space, which could be private or shared.
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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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34 -36 Malvern Street, South Shields

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About Susan Spokes Real Estate, South Shields

179a Sunderland Road, South Shields, NE34 6AD
Industry affiliations:Industry affiliation logo 0

Welcome to Susan Spokes Real Estate, an award-winning agency situated in the charming Harton Village, South Shields. We specialise in providing a bespoke service tailored to meet the individual needs of our clients. One of our unique offerings is that we operate with no commission on sales, allowing you to keep more of your hard-earned money. Our friendly and experienced team is dedicated to guiding you through every step of your property journey, whether you're buying, selling, or letting. With extensive knowledge of the local market, we deliver honest valuations and strive to achieve the best possible prices for our clients. At Susan Spokes Real Estate, we prioritise integrity and exceptional service, ensuring your property aspirations are at the forefront of everything we do. Join us and experience a dedicated approach to real estate that truly cares about your success.

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£652
We think you can borrow up to
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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Disclaimer - Property reference 34022132. 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 Susan Spokes Real Estate, South Shields. 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.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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