Overview
Two-bedroom freehold flat on Balkwell Avenue, North Shields NE29. Fully tenanted at £594 pcm — 7.5% gross at the £95,000 asking price. Freehold title on a flat in NE29 is uncommon, providing full asset ownership without the complications of leasehold tenure.
The Deal
Balkwell Avenue is a long-let residential road in NE29. North Shields has posted above-average capital growth in recent years, lifted by waterfront regeneration and improving transport links. The freehold title future-proofs this asset for remortgage and eventual resale — a structural advantage that shows up most clearly at exit.
Key Numbers
Asking Price: £95,000 | Rent: £594 pcm | Gross Yield: 7.5% | Tenure: Freehold | Bedrooms: 2 | Status: Tenanted
Investment Pack
Pack includes the AST copy, rent receipt history, EPC, condition report, and a leveraged return model at current BTL rates. Sent same-day on request.