3 bedroom detached house for sale
Madras Street, South Shields NE34
detached house
bedrooms
Property photos
+7
Property description
Prime Property Auctions New Entry - Fantastic 3 bedroom renovation opportunity. Huge potential rental income once renovated and let!*£79,000 GUIDE PRICE*
Property has had part refurbishment and would benefit from renovation to unlock the full potential of the property .
The property could achieve £750 - £850 PCM (£9,000 - £10,200 P/ A) Which would provide a brilliant rental yield of 11.4% (once tenanted) if acquired at *£79,000 guide price.*
*35, Bainbridge Avenue, South Shields, Tyne And Wear NE34 9QT previously sold for £170,000, 41, Fox Avenue, South Shields, Tyne And Wear NE34 9RW previously sold for £105,000,73, Wenlock Road, South Shields, Tyne And Wear NE34 9BB previously sold for £110,000 *
Sure to appeal to a Homeowner for a massive capital growth opportunity or an investor looking for a potentially huge rental income vehicle.
Prime Property Auctions New Entry - Fantastic 3 bedroom renovation opportunity. Huge potential rental income once renovated and let!*£79,000 GUIDE PRICE*
The property is ideal for a shrewd investor looking for a fantastic BRRR opportunity.
The Local sales evidence shows that once renovated,
The property could achieve £750 - £850 PCM (£9,000 - £10,200 P/ A) Which would provide a brilliant rental yield of 11.4% (once tenanted) if acquired at *£79,000 guide price.*
*35, Bainbridge Avenue, South Shields, Tyne And Wear NE34 9QT previously sold for £170,000, 41, Fox Avenue, South Shields, Tyne And Wear NE34 9RW previously sold for £105,000,73, Wenlock Road, South Shields, Tyne And Wear NE34 9BB previously sold for £110,000 *
Sure to appeal to a Homeowner for a massive capital growth opportunity or an investor looking for a potentially huge rental income vehicle.
The properties council tax band is B.
Property benefits from sought after location with massive development potential. It is sure to appeal to landlords looking for a POTENTIALLY HIGH yielding investment. The seller will consider early offers.
This property is offered at a fantastic price to ensure an Auction sale.
The property comprises: 3 bedrooms,2 lounge rooms, kitchen, bathroom, large back driveway.
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” button on our website.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.
Location.
Nestled along the picturesque coastline of South Shields, NE34 9AY, this charming town offers a diverse array of amenities to delight visitors. From seaside cafes serving freshly caught fish to bustling markets brimming with local produce, there's something for every palate. Steeped in maritime history, South Shields boasts ancient Roman ruins and a rich heritage showcased in its museums and historic sites. Outdoor enthusiasts can explore the stunning coastline with its sandy beaches and scenic trails. Conveniently located near major motorways and public transport links, including the A19 and South Shields Metro station, this vibrant town provides easy access to nearby cities and attractions, making it the perfect starting point for coastal adventures.
Property has had part refurbishment and would benefit from renovation to unlock the full potential of the property .
The property could achieve £750 - £850 PCM (£9,000 - £10,200 P/ A) Which would provide a brilliant rental yield of 11.4% (once tenanted) if acquired at *£79,000 guide price.*
*35, Bainbridge Avenue, South Shields, Tyne And Wear NE34 9QT previously sold for £170,000, 41, Fox Avenue, South Shields, Tyne And Wear NE34 9RW previously sold for £105,000,73, Wenlock Road, South Shields, Tyne And Wear NE34 9BB previously sold for £110,000 *
Sure to appeal to a Homeowner for a massive capital growth opportunity or an investor looking for a potentially huge rental income vehicle.
Prime Property Auctions New Entry - Fantastic 3 bedroom renovation opportunity. Huge potential rental income once renovated and let!*£79,000 GUIDE PRICE*
The property is ideal for a shrewd investor looking for a fantastic BRRR opportunity.
The Local sales evidence shows that once renovated,
The property could achieve £750 - £850 PCM (£9,000 - £10,200 P/ A) Which would provide a brilliant rental yield of 11.4% (once tenanted) if acquired at *£79,000 guide price.*
*35, Bainbridge Avenue, South Shields, Tyne And Wear NE34 9QT previously sold for £170,000, 41, Fox Avenue, South Shields, Tyne And Wear NE34 9RW previously sold for £105,000,73, Wenlock Road, South Shields, Tyne And Wear NE34 9BB previously sold for £110,000 *
Sure to appeal to a Homeowner for a massive capital growth opportunity or an investor looking for a potentially huge rental income vehicle.
The properties council tax band is B.
Property benefits from sought after location with massive development potential. It is sure to appeal to landlords looking for a POTENTIALLY HIGH yielding investment. The seller will consider early offers.
This property is offered at a fantastic price to ensure an Auction sale.
The property comprises: 3 bedrooms,2 lounge rooms, kitchen, bathroom, large back driveway.
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” button on our website.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.
Location.
Nestled along the picturesque coastline of South Shields, NE34 9AY, this charming town offers a diverse array of amenities to delight visitors. From seaside cafes serving freshly caught fish to bustling markets brimming with local produce, there's something for every palate. Steeped in maritime history, South Shields boasts ancient Roman ruins and a rich heritage showcased in its museums and historic sites. Outdoor enthusiasts can explore the stunning coastline with its sandy beaches and scenic trails. Conveniently located near major motorways and public transport links, including the A19 and South Shields Metro station, this vibrant town provides easy access to nearby cities and attractions, making it the perfect starting point for coastal adventures.
Interested in this property?
Council tax
First listed
2 weeks agoMadras Street, South Shields NE34
Marketed by
Prime Property Auctions 126 West Regent Street, Glasgow, G2 2RQCall agent on 0141 459 0201
Placebuzz mortgage repayment calculator
Monthly repayment
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Madras Street, South Shields NE34 - Streetview
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Prime Property Auctions. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Prime Property Auctions for full details and further information.