Summary - 22 SOUTH ROAD PRUDHOE NE42 5JT
2 bed 1 bath Terraced
Ready-made rental with refurbishment upside in a well-served Prudhoe location.
- Two-bedroom Victorian terraced house, approximately 657 sq ft
- Currently tenanted; gross annual rent £5,760
- Freehold with private rear garden and shared off-street parking
- Solid brick construction pre-1900; likely no wall insulation
- Double glazing installed before 2002; interiors dated
- Mains gas boiler and radiators; good broadband and mobile signal
- Requires modernization to increase rent or owner comfort
- Buyers Premium applies to secure purchase
A compact Victorian terraced house on South Road, Prudhoe, offered with a long-term tenant in situ. The property is freehold with two bedrooms, lounge, kitchen and bathroom across about 657 sq ft. It currently produces a gross annual income of £5,760, presenting an immediate rental return for a buyer seeking a let property.
Construction is solid brick (pre-1900) with mains gas central heating and double glazing installed before 2002. There is a private rear garden and shared off-street parking. The area benefits from good broadband and mobile signal, nearby schools with good Ofsted ratings, and local amenities within walking distance—features that support steady tenant demand.
Key negatives to note: interiors are dated and will need modernisation to achieve higher rents or owner-occupier standards. The property likely has limited wall insulation (solid brick as built), which could mean higher heating costs until upgraded. A Buyers Premium will apply to secure the sale.
This is primarily an investor/developer opportunity: buy with a tenant in place for immediate income, or plan a light-to-medium refurbishment to increase capital value and rental yield. Assess the Let Property Pack and tenancy paperwork before bidding to confirm lease terms and tenant status.
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