Freehold three-bed Victorian terrace with parking — needs modernization.
Three bedrooms in compact mid-terrace Victorian layout
This mid-terrace Victorian property on Gladstone Street is a compact three-bedroom home suited to first-time buyers or investors seeking an affordable entry into the NE15 market. The house is freehold, has gas central heating, double glazing, and off-street parking — practical features for everyday living. Nearby amenities, regular bus links and quick access to the A1 add commuting convenience.
Internally the layout offers entrance hall, lounge, dining room, fitted kitchen, bathroom and three bedrooms across two floors. Rooms are generally small and the property shows dated fixtures and finishes, so buyers should expect cosmetic renovation and modernization to bring the house up to contemporary standards. The circa-1930s build has filled cavity walls and standard ceiling heights.
Location brings both benefits and clear drawbacks. Several good-rated primary and secondary schools are within reach and local shops and supermarkets are nearby. However, the area is described as very deprived with a high local crime rate — important when considering family safety or rental prospects. Council tax is very low, and broadband speeds are reported fast, which will help running costs and connectivity.
Overall this is a low-cost opportunity for someone willing to renovate or an investor targeting affordable lets. Buyers should factor in refurbishment costs and local area challenges when evaluating long-term value and rental yields.
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