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Imeary Street, South Shields, NE33

PROPERTY TYPE

Flat

BEDROOMS

3

BATHROOMS

1

SIZE

818 sq ft

76 sq m

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

Key features

  • Quote Ref: 833010 when calling
  • Quote Ref: 833010 when calling
  • Currently rental income £850pcm
  • Turnkey Investment
  • 3 Bedroom Upper Flat
  • 10 Minute Walk to Beach, Shops and Metro Station
  • South Shields Location

Description

Three bedrooms. A desirable upper-floor layout. £850 PCM rental income, and a location that puts South Shields' amenities, transport links and coastline within easy reach.

This three-bedroom upper flat on Imeary Street, South Shields, NE33 4EL presents an exciting opportunity for investors looking to acquire an established, income-producing property in a popular residential location.

Currently tenanted at £850 per calendar month, the property generates £10,200 per annum in rental income — providing an attractive income stream from day one.

7 REASONS TO BUY THIS PROPERTY
£850 PCM RENTAL INCOME — Currently producing £10,200 per year, giving investors an immediate income-producing asset.
THREE BEDROOMS — More bedrooms mean broader tenant appeal, making the property suitable for families, couples, sharers and professional tenants.
STRONG INVESTMENT PROPOSITION — The combination of three-bedroom accommodation, established rental income and a popular South Shields location makes this an appealing addition to a buy-to-let portfolio.
UPPER-FLOOR PRIVACY & SPACE — An upper flat offers separation from the street while providing the generous accommodation buyers and tenants often seek from a three-bedroom property.
ESTABLISHED SOUTH SHIELDS LOCATION — Imeary Street sits within the Westoe/South Shields area, with local shops, amenities, schools and transport links close at hand.
CLOSE TO TOWN & COAST — The location combines everyday convenience with the lifestyle appeal of South Shields, with the town centre and seafront within easy reach.
THREE-BEDROOM FLEXIBILITY — Whether retained as a rental investment or eventually used as a family home, the additional bedroom provides valuable flexibility that a two-bedroom property simply cannot offer.

At £850 pcm, the current tenancy represents £10,200 in annual gross rental income.

That makes this property particularly interesting for landlords looking to build or expand a portfolio with a larger three-bedroom rental asset.

There is also evidence of an established rental market for three-bedroom accommodation in the surrounding NE33 area, with comparable properties currently being marketed around £695–£850 pcm.

🏠 MORE THAN JUST AN INVESTMENT

While the current tenancy makes this an obvious proposition for investors, the three-bedroom layout also gives the property excellent owner-occupier potential.

Three bedrooms could provide:

A family home. A home office. A guest bedroom. A nursery. Or simply the extra space modern buyers increasingly demand.

WHY IMEARY STREET?

The location is a major part of the appeal.

Imeary Street is an established residential street in South Shields, close to local amenities and transport connections. The wider area benefits from access to the town centre and seafront, while the property's position provides the convenience expected by today's tenants.

Recent market evidence also demonstrates demand for three-bedroom properties on Imeary Street, with comparable three-bedroom flats having been marketed and sold in recent years.

THE INVESTOR'S OPPORTUNITY

£850 every month. £10,200 every year.

Three bedrooms. Established Marine Student Contract.

Put those ingredients together and you have a property that deserves serious consideration from landlords looking for income, flexibility and long-term potential.

Whether you're adding to an existing portfolio or taking your first step into buy-to-let, this three-bedroom upper flat offers an opportunity to acquire an already-tenanted residential asset with an established rental income.

Early viewing is highly recommended.
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.
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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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Imeary Street, South Shields, NE33

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Affordability

Monthly repayments£333
Property: £ 70,000
Deposit: £ 7,000
Interest rate: 4.85%
Term: 30 years
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Disclaimer - Property reference RX833010. 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 Keller Williams Plus, Covering Nationwide. 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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