8 Farnham Road, South Shields, NE34 0JR

Description

• PRIME NEW LISTING. We are excited to present this 2-bedroom flat, located within a prime location in South Shields. 

• **150, Stanhope Road, South Shields, NE33 4ST Previously sold for £115,000. 2 Crofton Street, South Shields, NE34 0QP Previously sold for £112,500**

• Sure to appeal to shrewd investors looking for a property with great yield potential or owner occupiers looking for a spacious property that is ready to move into.

• For rental purposes, the property could potentially attract a monthly rental income of £625 - £675 per month (£7,500 - £7,800 p/a). Excellent high yield potential.

• Property is situated in a prime location, 21 minutes from Newcastle City Centre. Property is in close proximity to transport links and local amenities, making it an attractive option for residents and investors alike.

PRIME NEW LISTING. We are excited to present this 2 bedroom flat, located within a prime location in South Shields. 

The property comprises:Entrance hallway, living room, two spacious bedrooms, kitchen, bathroom. Property benefits from yard to the rear and ample storage throughout.

**150 years remaining on lease**

For rental purposes, property could potentially command £7,500-£7,800 per annum. Sure to appeal to shrewd buy to let landlords.

Property is situated 21 minutes from Newcastle City Centre & 8 minutes from South Shields Station.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**150, Stanhope Road, South Shields, NE33 4ST Previously sold for £115,000. 2 Crofton Street, South Shields, NE34 0QP Previously sold for £112,500**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

This property is offered at a fantastic price to ensure an Auction sale. 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

South Shields is a coastal town in northeast England, located at the mouth of the River Tyne directly across from North Shields. Historically important for shipbuilding and coal export, it has evolved into a mix of seaside tourism, residential neighbourhoods, and light industry. The town is known for its sandy beaches and attractions like Sandhaven Beach and South Marine Park, making it popular in the summer. It also has a strong cultural identity shaped by its maritime heritage and a diverse community, including a long-established Yemeni population. With good transport links to Newcastle upon Tyne via the Tyne and Wear Metro, South Shields offers a blend of coastal living and access to a larger city economy. 

Map

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.