Guide price
£35,000
2 bed flat for saleStanhope Road, South Shields, Tyne And Wear NE33
2 beds
1 bath
1 reception
EPC Rating: C
- Auction
- Leasehold
Browns Estate Agents
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About this property
Investor Opportunity
Two-Bedroom Ground Floor Flat
Front Bedroom with Bay Window
Spacious Living Room
Bathroom in Good Condition
Strong Rental Potential
Modern Method of Auction
147 years remaining
Investment Opportunity On Stanhope Road
Modern Method Of Auction
Investor Opportunity – 2-Bedroom Ground Floor Flat, Stanhope Road, South Shields
This two-bedroom ground-floor flat on Stanhope Road is a fantastic investment opportunity, ideal for buyers looking to renovate and add value. Requiring updating and refurbishment, this property has excellent potential for those willing to undertake some work.
As you enter the property, the first room on the right is a spacious bedroom with a bay window, allowing plenty of natural light. The second bedroom is large enough to fit a double bed with storage, offering flexibility for different uses. The living room is a comfortable space, though it does require some attention due to ongoing ceiling repairs from damage caused by the upstairs flat.
The kitchen is a standard galley layout, leading directly to the bathroom, which is in good condition and features a bath with an overhead shower, toilet, and basin. The property also benefits from a shared rear yard, providing some outdoor space.
This property presents an excellent opportunity for investors or first-time buyers looking for a renovation project. With great rental potential once updated, it’s situated close to Boldon Lane, benefiting from local amenities, schools, and transport links.
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More information
Tenure
Leasehold (146 years)
Service charge
Council tax band
A
Ground rent
Ground rent date of next review