Overview
Three-bedroom leasehold flat on Pembroke Terrace, South Shields NE33. Fully tenanted at £649 pcm — 8.2% gross at the £95,000 asking price. Three-bedroom accommodation commands a premium on rent relative to 2-beds and tends to attract longer family tenancies.
The Deal
Pembroke Terrace sits in NE33 — South Shields’ established rental belt. 3-bed flats here are scarcer than 2-beds, which translates into longer average tenancies and lower void exposure. Family tenant in situ. Leasehold — confirm remaining term and ground rent with your solicitor before exchange.
Key Numbers
Asking Price: £95,000 | Rent: £649 pcm | Gross Yield: 8.2% | Tenure: Leasehold | Bedrooms: 3 | Status: Tenanted
Investment Pack
Pack includes the AST, leasehold details (term, ground rent, service charge), EPC, and a leveraged return model at current BTL rates. Sent same-day on request.