Budget-priced renovation with courtyard and off-street parking in well-connected Wallsend..
- Two bedrooms, 679 sq ft upper apartment
- Private rear courtyard and double driveway parking
- EPC rating D; energy improvements likely needed
- Mid-20th-century build; requires modernization throughout
- Leasehold with 961 years remaining (very long lease)
- Sold via online auction (terms apply)
- Local crime levels above average
- Fast broadband; close to transport and good schools
A rare value opportunity in Wallsend: this upper two-bedroom apartment offers 679 sq ft of liveable space, private courtyard and a double driveway — all at an attractive auction guide price. The layout includes entrance, lounge, kitchen, bathroom and two bedrooms; room sizes are practical for first-time buyers or buyers seeking a straightforward rental let.
The building dates from the mid-20th century and retains period character such as a gas fireplace and mid-century finishes. The property requires modernization throughout — cosmetic updating, probable heating and insulation improvements (cavity walls currently without insulation assumed) and general refurbishment will be needed to bring the flat up to modern standards. EPC rating D reflects opportunity to improve energy performance.
Practical positives include a very long lease (961 years remaining), mains gas central heating with boiler and radiators, double off-street parking and fast broadband availability. Local amenities, bus and metro links are close by, and several well-rated primary and secondary schools serve the area — helpful for families or long-term rental appeal.
Buyers should note material points: sale will be conducted via online auction (terms apply), it is leasehold, and local crime levels are above average. Council tax band is low, which reduces running costs, but refurbishment costs and energy improvements should be factored into any offer or investment appraisal.
Overall this is a budget-priced refurbishment or buy-to-let proposition in a largely affluent wider area. It suits a buyer prepared to invest time and money to upgrade the property for comfortable modern living or to improve rental income and capital value.