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Quarry Lane, South Shields, NE34 7RD

PROPERTY TYPE

Semi-Detached

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.

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Key features

  • Tenant in situ generating immediate rental income
  • Two bedroom semi detached property
  • Spacious reception room
  • Fitted kitchen
  • Family bathroom
  • Private front and rear gardens
  • Popular residential location
  • Close to local amenities and transport links

Description

Situated in a well-established residential area of South Shields, this two-bedroom semi-detached home is offered for sale with a tenant in situ, presenting an excellent investment opportunity. The property comprises a bright and welcoming reception room, a fitted kitchen, two well-proportioned bedrooms, and a family bathroom. Externally, the property benefits from private gardens and offers excellent long-term investment potential in a consistently popular rental location.

The property is conveniently located within easy reach of a wide range of local amenities, including supermarkets, schools, healthcare facilities, and leisure amenities. Excellent transport links provide easy access to South Shields town centre, the coastline, and Newcastle via the Tyne and Wear Metro network. Nearby parks and open green spaces also offer plenty of opportunities for outdoor recreation. The award-winning South Shields Beach, Ocean Road's renowned restaurants, and The Nook shopping area are all just a short drive away, making the area highly attractive to tenants.

South Shields continues to benefit from significant public and private investment, further enhancing its appeal to property investors. Ongoing regeneration of the town centre includes new residential developments, improved public spaces, upgraded retail and leisure facilities, together with continued investment along the riverside and foreshore. The South Shields Town Centre Vision and wider regeneration plans are helping to create new employment opportunities, improve infrastructure, and encourage further investment into the area, supporting continued rental demand and strong long-term investment prospects.

Please note that this property may fall within an area where a Selective Licensing Scheme applies. Letting agent and property management charges may also apply. Any projected rental figures or investment returns are based on the property being self-managed unless otherwise stated.

Financial Breakdown

Gross Rent: £5,980.00
Net income: £5,980.00
Gross yield: 5.98%
Net yield: 5.98%
Please contact agent for full financial breakdown.

IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

yieldit ref: YL-08610
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.
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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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Quarry Lane, South Shields, NE34 7RD

Approximate location

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Affordability

Monthly repayments£502
Property: £ 100,000
Deposit: £ 10,000
Interest rate: 5.33%
Term: 30 years
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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.
Renovation potential
Recently sold & under offer
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About yieldit, Manchester

Suite 2A Osprey House at The Nest, Broadway, Manchester, M50 2UE.

Here at yieldit we specialise in the sale of tenanted, income generating buy-to-let property from investor to investor. We work with buyers and sellers who see the financial potential of a buy-to-let-property, and don't get distracted by little things - eliminating the normal stresses that come with trying to sell a buy-to-let property on the high-street.

yieldit brings a wide range of income generating properties to market, from larger homes perfect for families to city centre apartments in some of the UK's best rental markets. Whatever your requirements, yieldit has the perfect investment (or buyer) for you!

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Disclaimer - Property reference YL-08610. 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 yieldit, Manchester. 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.

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