Summary - 447 COWPEN ROAD BLYTH NE24 5NF
2 bed 1 bath Terraced
Low-cost auction buy with renovation potential and no upper chain.
Guide price £70,000, sale by auction (fees apply £2,000+VAT).
Offered at a low guide price and sold by auction, this two-bedroom mid-terrace is a straightforward freehold opportunity for investors or cash-ready buyers. The property is chain-free and benefits from gas central heating, double glazing and a compact, low-maintenance rear yard. A modern kitchen with a centre island and a living room with contemporary flooring suggest straightforward cosmetic upgrades can add value.
The house is built circa 1900–1929 with solid brick walls and likely no cavity insulation; some modest renovation and insulation work would improve comfort and running costs. The current EPC is D with a potential B, so targeted improvements (insulation, boiler tuning or replacement) could raise the rating and appeal to tenants or future buyers.
Buyers should note this sale is by auction (30th September) with associated administration fees (£2,000 + VAT) and an undisclosed reserve price. The area is classified as very deprived with higher local crime levels; this will affect tenant demand and rental levels and should be factored into yield calculations. A mining search is recommended given regional history.
Overall, the property offers a low-entry point and scope for uplift through relatively simple works, but it suits purchasers who can act quickly, budget for improvement, and accept the auction process and local area challenges.
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