A charming 2-bed maisonette boasting with two bedrooms, located in the heart of South Shields town centre. This residence enjoys a prime position with convenient access to South Shields town centre, picturesque coastline, local shops, amenities, and schools. Morrisons and Metro station are only 5-min walk. The property has FREE on-street parking.
The property already generates £625+£800= £1425 in revenue every single month. This property is generating 13.5%+ in rental yield at the moment.
Payment terms: The purchaser enters into a Reservation Agreement and pays a non-refundable Reservation Fee equal to 4.5% of the property’s purchase price (inclusive of VAT), with a minimum payment of £6,600 (inclusive of VAT). This fee secures the property for the buyer throughout the Reservation Period and is separate from the purchase price. It is, however, included in the Stamp Duty Land Tax (SDLT) assessment.
An administration fee of £300 Incl VAT is required in order to draw up an exclusive legally binding contract between the buyer and seller. This gives the buyer exclusive rights to purchase within a pre-agreed timeframe.Council Tax: A WARNING: Never transfer funds to a property owner before viewing the property in person. If in doubt contact the marketing agent or the Citizens Advice Bureau.GDPR: Submitting a viewing request for the above property means you are giving us permission to pass your contact details to the vendor or landlord for further communication related to viewing arrangement, or more information related to the above property. If you disagree, please write to us within the message field so we do not forward your details to the vendor or landlord or their managing company.VIEWING DISCLAIMER: Quicklister endeavour to ensure the sales particulars of properties advertised are fair, accurate and reliable, however they are not exhaustive and viewing in person is highly recommended. If there is any point which is of particular importance to you, please contact Quicklister and we will be pleased to check the position for you, especially if you are contemplating traveling some distance to view the property.Property Reference number : 264538
James Mather Street, South Shields NE33 - Streetview
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