1/11
£185,000
House · 3 beds · 1,206 sq ft
George Scott Street, South Shields, NE33
0.12 miles away
Freehold
1/11
1/11
3 bed flat for sale South Shields, NE33
Guide Price
£80,000
Added on 01/10/2026
Added on 01/10/2026
- Type
- Flat
- Bedrooms
- 3
- Bathrooms
- 1
- Tenure
- Leasehold
Key features
- Quote Ref: 820066 when calling
- Income From Day One
- Strong Rental Location
- Tenants In Situ
About this property
An excellent opportunity for landlords and property investors to acquire this spacious three-bedroom top floor maisonette, offered with long-term tenants already in place and generating an immediate rental income. Currently achieving £700 per calendar month (£8,400 per annum) the property provides an attractive gross rental yield of approximately 10.5%, making it a compelling opportunity for investors seeking a strong-performing buy-to-let asset.
Council tax
Ask agent
Per year
- Band A£1,623
- Band B£1,893
- Band C£2,164
- Band D£2,434
- Band E£2,975
- Band F£3,516
- Band G£4,057
- Band H£4,869
The agent hasn't said which band this home is in; you can look it up on GOV.UK. In South Tyneside, 2026/27 bills run from £1,623 a year in band A to £4,869 in band H.
Figures from MHCLG (Open Government Licence v3): the average bill for each band across South Tyneside, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.
Location
South Shields, NE33
Mortgage and stamp duty
Property price £80,000
£40k £120k
Deposit10% £8,000
£0 £80k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £72,000 mortgage. Most lenders would want a household income of about £16,000 to support it.
A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.
Properties sold nearby
HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| 56, Longleat Gardens Terraced | Terraced | Feb 2026 | 1,249 sq ft £72/sq ft | 1,249 sq ft | £72 | £90,000 |
| 82, Longleat Gardens Flat / maisonette | Flat / maisonette | Jul 2025 | 872 sq ft £80/sq ft | 872 sq ft | £80 | £70,000 |
| 74, Longleat Gardens Flat / maisonette | Flat / maisonette | Feb 2024 | 915 sq ft £71/sq ft | 915 sq ft | £71 | £65,000 |
| 44, Longleat Gardens Terraced | Terraced | Jun 2023 | 1,066 sq ft £84/sq ft | 1,066 sq ft | £84 | £90,000 |
| 42, Longleat Gardens Terraced | Terraced | Dec 2019 | 1,173 sq ft £55/sq ft | 1,173 sq ft | £55 | £65,000 |
| 62, Longleat Gardens Terraced | Terraced | Feb 2015 | 1,109 sq ft £81/sq ft | 1,109 sq ft | £81 | £90,000 |
| 54, Longleat Gardens Terraced | Terraced | Jun 2007 | 1,259 sq ft £83/sq ft | 1,259 sq ft | £83 | £105,000 |
| 52, Longleat Gardens Terraced | Terraced | Dec 2000 | n/a | n/a | n/a | £29,000 |
Area insights
The neighbourhood around this property.
Marketed by
Keller Williams UK, KWUK Region
Office 322, Portman House, 3rd floor, 2 Portman Street, London More properties from this branch
