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Seller Type: Private, Property Type: Flat, Number Of Bedrooms: 1

One bedroom spacious ground floor flat available for sale in South Shields - a 5min drive away from the beach and promenade. No service charge, only ground rent of £25 per annum. 59 years unexpired on the lease agreement.
Was rented out to long term tenant of almost 7years @ £390 + (LHA rate) who was in situ but had recently left due to successful housing application.
Flat can and will command private rent of £450 PCM in open market easily. I have not rented it out yet as only keen on selling but will rent it out if time slips by without sale.
Good return on investment as nice little earner. Looking to relocate so wanting to sell.