Summary - 133, BEACONSFIELD STREET NE4 5JP
5 bed 2 bath Flat
Auction-ready two-unit investment with refurbishment upside near city transport.
Freehold pair of flats: 2-bed ground, 3-bed first, both vacant
A mid-terrace Victorian pair of freehold flats offered with vacant possession and immediate redevelopment potential. The ground-floor unit is a two-bedroom flat; the first-floor is a three-bedroom flat. Both have one reception room, basic kitchens, and bathrooms; double glazing is installed throughout.
The properties are sold at auction with a guide price of £155,000; bidders should allow for the buyer’s auction administration fee (£2,400 incl. VAT) and a possible reserve price up to 10% above the guide. The flats have EPC rating D and Council Tax Band A for each unit, so running costs are comparatively low but energy performance may benefit from improvement works.
Condition is basic and will suit a buyer planning refurbishment or an investor seeking rental income after works. Kitchens are dated (1970s–1980s style) and internal finishes will require updating; the building is solid brick with assumed no insulation in the walls, so fabric and heating upgrades could improve comfort and EPC. A mining search is recommended due to local mining heritage.
Location offers practical access: close to frequent public transport into Newcastle city centre, the MetroCentre and good road links (A1/A69). Local amenities and several primary and secondary schools are nearby. Note the area records higher crime levels and sits within a very deprived ward, which should be considered when assessing rental demand and pricing.
2 bedroom ground floor flat for sale in 293 Beaconsfield Street, Newcastle upon Tyne NE4 5JS, NE4 — £40,000 • 2 bed • 1 bath • 689 ft²
3 bedroom flat for sale in Ramsay Street, High Spen, NE39 — £110,000 • 3 bed • 2 bath • 1099 ft²
5 bedroom flat for sale in Russell Street, Jarrow, NE32 — £89,950 • 5 bed • 2 bath • 937 ft²
5 bedroom flat for sale in Hampstead Road, Benwell, Newcastle Upon Tyne, NE4 — £105,950 • 5 bed • 1 bath • 732 ft²
5 bedroom flat for sale in Dean Street, Low Fell, NE9 — £170,000 • 5 bed • 2 bath • 1341 ft²
5 bedroom block of apartments for sale in Hugh Gardens, Benwell, NEWCASTLE UPON TYNE, NE4 — £105,000 • 5 bed • 2 bath • 732 ft²
