Guide price
£80,000
(£76/sq. ft)
3 bed flat for saleLongleats Gardens, South Shields NE33
3 beds
1 bath
2 receptions
1,055 sq. ft
EPC Rating: C
Just added
Leasehold
About this property
Quote Ref: 820066 when calling
Income From Day One
Strong Rental Location
Tenants In Situ
An excellent opportunity for landlords and property investors to acquire this spacious three-bedroom top floor maisonette, offered with long-term tenants already in place and generating an immediate rental income.
Currently achieving £700 per calendar month (£8,400 per annum) the property provides an attractive gross rental yield of approximately 10.5%, making it a compelling opportunity for investors seeking a strong-performing buy-to-let asset.
The property offers generous accommodation arranged over two levels and is well suited to long-term rental. The layout comprises a bright and spacious lounge, separate dining/reception room, fitted kitchen, three well-proportioned bedrooms, family bathroom, and a private balcony providing additional outdoor space for residents.
Situated within a popular and well-established residential area of South Shields, the property benefits from convenient access to local shops, schools, transport links, and everyday amenities, helping to support consistent rental demand.
Being sold with tenants in situ, this investment offers a hassle-free opportunity for both existing landlords looking to expand their portfolio and first-time investors seeking an income-producing property with occupants already established
Disclaimer
Property Particulars and Material Information
These particulars are prepared in good faith as a fair, clear and general guide to the property. They do not form part of any offer or contract and must not be relied upon as a statement of fact, warranty or representation. While we aim to ensure information is accurate and up to date, buyers and tenants should verify all details through inspection, survey, searches, enquiries with relevant authorities and legal advice before proceeding.
If any matter is important to you, including services, restrictions, costs, planning, boundaries, rights of way, tenure, lease terms, charges, flood risk, building safety, broadband/mobile availability, parking or utilities, please ask us for clarification before viewing, travelling, making an offer or incurring expense
Disclaimer
Measurements, Floor Areas and Plans
All measurements, dimensions, floor areas, room sizes, distances, plans and floorplans are approximate, for guidance only and may not be to scale. They should not be relied upon where accuracy is essential, and buyers or tenants should check critical measurements independently.
Services, Systems and Appliances
Unless expressly stated, we have not tested any services, systems, utilities, heating, electrics, plumbing, drainage, fixtures, fittings or appliances. No warranty is given as to their condition, safety, compliance, availability or working order. Buyers and tenants should arrange their own inspections or professional reports before proceeding
Disclaimer
Limitation of Representations
No employee, agent or representative has authority to make or give any representation, warranty or guarantee about the property unless confirmed in writing by the seller, landlord or their legal representative. References to alterations, use, planning, building regulations, guarantees, certificates, consents, rights, restrictions or title matters should be independently verified
Currently achieving £700 per calendar month (£8,400 per annum) the property provides an attractive gross rental yield of approximately 10.5%, making it a compelling opportunity for investors seeking a strong-performing buy-to-let asset.
The property offers generous accommodation arranged over two levels and is well suited to long-term rental. The layout comprises a bright and spacious lounge, separate dining/reception room, fitted kitchen, three well-proportioned bedrooms, family bathroom, and a private balcony providing additional outdoor space for residents.
Situated within a popular and well-established residential area of South Shields, the property benefits from convenient access to local shops, schools, transport links, and everyday amenities, helping to support consistent rental demand.
Being sold with tenants in situ, this investment offers a hassle-free opportunity for both existing landlords looking to expand their portfolio and first-time investors seeking an income-producing property with occupants already established
Disclaimer
Property Particulars and Material Information
These particulars are prepared in good faith as a fair, clear and general guide to the property. They do not form part of any offer or contract and must not be relied upon as a statement of fact, warranty or representation. While we aim to ensure information is accurate and up to date, buyers and tenants should verify all details through inspection, survey, searches, enquiries with relevant authorities and legal advice before proceeding.
If any matter is important to you, including services, restrictions, costs, planning, boundaries, rights of way, tenure, lease terms, charges, flood risk, building safety, broadband/mobile availability, parking or utilities, please ask us for clarification before viewing, travelling, making an offer or incurring expense
Disclaimer
Measurements, Floor Areas and Plans
All measurements, dimensions, floor areas, room sizes, distances, plans and floorplans are approximate, for guidance only and may not be to scale. They should not be relied upon where accuracy is essential, and buyers or tenants should check critical measurements independently.
Services, Systems and Appliances
Unless expressly stated, we have not tested any services, systems, utilities, heating, electrics, plumbing, drainage, fixtures, fittings or appliances. No warranty is given as to their condition, safety, compliance, availability or working order. Buyers and tenants should arrange their own inspections or professional reports before proceeding
Disclaimer
Limitation of Representations
No employee, agent or representative has authority to make or give any representation, warranty or guarantee about the property unless confirmed in writing by the seller, landlord or their legal representative. References to alterations, use, planning, building regulations, guarantees, certificates, consents, rights, restrictions or title matters should be independently verified
Mortgage calculator
Monthly repayment
£400 per month
Whole of market comparison
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (115 years)
Service charge
£445 per year
Council tax band
A
Ground rent
Ground rent date of next review



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