This three-bedroom semi-detached property presents a noteworthy opportunity for investors seeking to capitalize on its rental potential or explore value-add renovations. Currently tenanted with a reliable tenant at £550 PCM under a month-to-month agreement, the property is positioned for significant rental uplift, with market rates anticipated to reach approximately £900+ PCM. The home is in serviceable condition but would greatly benefit from modern updates that could enhance both its rental income and appeal to future buyers.
The layout encompasses around 84m² of living space, featuring a welcoming entrance hall, a spacious living room, a separate dining area, and a fitted kitchen alongside a utility room. The integral garage adds convenience and potential functionality. On the first floor, you’ll find three bedrooms and a family bathroom.
Outdoors, the property provides front garden space and an enclosed rear garden complete with decking and lawn areas. Its location in South Tyneside offers close proximity to essential amenities, schools, and transport links, making it attractive for both tenants and eventual owner-occupiers.
Whether you choose to maintain the current rental income or consider renovation to increase resale value or rent levels, this property offers flexibility in your investment strategy while laying the groundwork for future growth.
