Property for sale in Mortimer Road, South Shields NE33

Offers over £280,000
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Property for sale - 7 bedrooms

7 3 1

Tenure:
Freehold
Council tax band:
A

Property features

  • Five bedroom HMO and a two bedroom residential property.
  • Current Rental Income £2350 per month.
  • Potential income at full capacity £2900 per month.
  • Recently Refurbished

Property description

*****investment property to be sold with tenants in situ****

Comprises of a five bedroom HMO and a two bedroom residential property.

The five bedroom HMO access is to the rear of the property and is situated on the first and second floor. The two bedroom residential property is on the ground floor with access via the front door.

Both properties have been recently furbished to a high standard and included new bathrooms and kitchens. All rooms are a good size and benefit from high ceilings.

Excellent transport links to South Shields, Town Centre and the Coast. South Shields town centre has a wide range of shops and lively nightlife, highly recommended restaurants, transport links and the outstanding coastline, this property is perfectly placed for convenience. Throughout the warmer months there are family events hosted along the seafront and is also the end destination of the Great North Run. With stretches of award winning beaches and leisure facilities, you can be close to the action but also find a more tranquil spot along the shoreline which is popular amongst families and dog walkers.

This property is being sold under one title deed.

1 Mortimer
2 Bedroom - Residential property with hallway, lounge, bathroom, bedrooms and kitchen to rear
Renting @ £550 per month
EPC Rating - D

1a Mortimer
5 Bedroom House of Multiple Occupancy. Freehold
Currently licensed with South Tyneside Council
Shared Kitchen and 2 Bathrooms
This is a fabulous HMO that benefits from a healthy rental income.
Room A - £450.00
Room B - currently on the market with another agent
Room C - £450
Room D - £450
Room E - £450
EPC Rating C

Total rental income as from the listing date - £2350 per month. Potential income at full capacity £2900 per month.

Viewing by appointment only!

Property info

1 And 1A Mortimer Road, South Shields - Ground Flo View original

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For more information about this property, please contact
Prime Property Associates Limited, NE4 on +44 191 392 0546 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Prime Property Associates Limited, and do not constitute property particulars. Please contact Prime Property Associates Limited for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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