Overview
Two-bedroom freehold flat on Frobisher Street, Hebburn NE31. Part of the South Tyneside 30-unit portfolio, now available individually. Fully tenanted at £627 pcm — 10.6% gross at the £71,000 asking price. Freehold title — no ground rent, no service charge risk.
The Deal
Hebburn sits between Gateshead and Jarrow on the south bank of the Tyne, with strong rental demand from local workers and commuters. At £71,000, this is a clean yield play with a tenant already paying. Freehold status gives full ownership without the leasehold complications that typically suppress values on flats in this postcode.
Key Numbers
Asking Price: £71,000 | Rent: £627 pcm | Gross Yield: 10.6% | Tenure: Freehold | Bedrooms: 2 | Status: Tenanted
Investment Pack
Pack includes the AST, EPC, title plan, and leveraged return modelling at current BTL rates. Sent same-day on request.