Ground floor 2-bed flat on Gordon Road, private yard, 8.9% yield, £625 PCM income.
Gordon Road, South Shields
Oiro
£87,500
2
1
1
My Property
WHAT’S MY HOME WORTH?Features
Ground floor flat
Ideal investment opportunity (8.9% yield)
Two bedrooms
Currently let at £625 PCM
Bay window to front
Spacious living room with fireplace
Modern shaker-style kitchen
Versatile second bedroom / office
Bathroom with over-bath shower
Private rear yard
Property Information
A fantastic opportunity for investors or first-time buyers alike, this well-presented two-bedroom ground floor flat on Gordon Road offers an attractive yield of approximately 8.9%, currently achieving £625 per calendar month.
The property benefits from a bay-fronted window, allowing plenty of natural light into the main bedroom, along with convenient on-street parking.
At the heart of the home is a spacious living area, featuring laminate flooring and a charming fireplace with surround, creating a warm and inviting space. The room is well-proportioned with a large square layout and a window overlooking the private rear yard.
The main bedroom is positioned to the front of the property and enjoys a large window facing the street, fitted wardrobes within the alcoves, and laminate flooring throughout. The second bedroom offers excellent versatility, making it ideal as a single bedroom, nursery, or home office.
The kitchen is accessed directly from the living area and is fitted with white shaker-style base and wall units, complemented by a luxury brown wood-effect laminate worktop. Additional features include a stainless steel sink with matching handles, as well as a gas hob and oven.
The bathroom comprises a bath with over-bath shower, wash basin, and WC, with the boiler also conveniently located within this space.
Externally, the property benefits from a private rear yard, providing a low-maintenance outdoor area.
61 Years Remaining - potential extension undergoing
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kerry@browns.co.uk07418610521
Kerry Brown, owner of Browns Estate Agency in South Shields, is a professional with a wealth of experience in estate agency. Her exceptional skills and dedication have earned her prestigious awards, solidifying her reputation as a respected figure in the industry and making Browns Estate Agency a trusted name in the area.