Guide price
£59,000
1 bed flat for sale6 Thropton Place, North Shields, Tyne And Wear NE29
1 bed
Auction
About this property
For sale by online auction on Tuesday, 11 Aug 2026 ending at 11:05
one bedroom flat in north shields
A well-presented property occupying the popular location of North Shields, offering an excellent investment opportunity with an established tenant in situ. The property has been well maintained and benefits from a strong rental history, making it an ideal addition to any buy-to-let portfolio.
The accommodation briefly comprises an entrance hallway, spacious lounge, fitted kitchen, f bathroom and a well-proportioned bedroom. Externally, the property benefits from a private rear garden and off-street parking via a driveway.
The property is currently let at £600 per calendar month (£7,200 per annum), representing an attractive gross yield of approximately 11%. The current tenants have been in occupation since March 2022 and have a proven record of annual rental increases, providing a reliable and established income stream.
Situated close to local amenities, schools and transport links, this is a ready-made investment requiring minimal ongoing input from a new owner.Tenure: See Legal Pack
Portrait Video Tour
False
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1200 inc VAT
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
one bedroom flat in north shields
A well-presented property occupying the popular location of North Shields, offering an excellent investment opportunity with an established tenant in situ. The property has been well maintained and benefits from a strong rental history, making it an ideal addition to any buy-to-let portfolio.
The accommodation briefly comprises an entrance hallway, spacious lounge, fitted kitchen, f bathroom and a well-proportioned bedroom. Externally, the property benefits from a private rear garden and off-street parking via a driveway.
The property is currently let at £600 per calendar month (£7,200 per annum), representing an attractive gross yield of approximately 11%. The current tenants have been in occupation since March 2022 and have a proven record of annual rental increases, providing a reliable and established income stream.
Situated close to local amenities, schools and transport links, this is a ready-made investment requiring minimal ongoing input from a new owner.Tenure: See Legal Pack
Portrait Video Tour
False
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1200 inc VAT
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
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£295 per month
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