Summary - 22 ARKWRIGHT STREET, BENSHAM, GATESHEAD NE8 4TY
3 bed 2 bath Flat
Chain-free freehold with clear refurbishment potential near transport links and park.
Freehold title containing two flats sold together
Offered as a single freehold title, this mid-terrace property contains two flats (one-bed ground floor, two-bed first floor) and is being sold chain free. The flats are structurally typical of early 20th-century brick construction with double glazing and gas central heating in place, giving a straightforward base for refurbishment and rental occupation.
The property needs full modernisation throughout, which presents clear uplift potential for an investor comfortable with project works. Low council tax (Band A), excellent local transport links and proximity to Saltwell Park and local amenities support steady rental demand in the area.
Buyers should note the wider neighbourhood is classified as very deprived and transitional, and the listing records a public notice/repossession—these are material considerations for financing, insurance and tenant selection. Internal layouts are compact but practical; there is limited outdoor space and modest room sizes throughout.
This is a renovation-led investment play: clear opportunities to improve rental yield or split/convert are present, but allow for refurbishment costs, potential licensing or legal checks, and careful tenant screening given local market characteristics. Viewing is essential to assess scope of works and exact condition.
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