Convenient location near metro, communal parking and lift access — strong rental potential.
- 876 sq ft two-storey layout with versatile additional room
- Lift and communal stair access from shared entrance
- Off-street communal parking for residents
- Around 64 years remaining on the lease — lender risk likely
- Electric storage heaters; EPC rating D may mean higher bills
- Secondary glazing; built 1983–1990 with postmodern brick/render finish
- Located near metro/bus links, shops and several good primary schools
- Area scored as very deprived; consider local market and rental demand
This two-storey maisonette presents a budget-friendly route onto the local market in Fawdon, with flexible living across 876 sq ft. The layout provides a ground-level lounge and breakfast kitchen with a further three bedrooms and bathroom on the upper floor, plus a versatile additional room that can be used as a bedroom or home workspace. Lift and stair access from a communal entrance make upper-floor living straightforward.
Location is a genuine strength: regular bus services and a nearby metro station mean quick links into Newcastle, while local shops, supermarkets and several well-rated primary schools are within easy reach. Off-street communal parking and generally good mobile signal add practical convenience for commuting or rental occupation.
Buyers should note a material drawback: the lease has approximately 64 years remaining. Many high-street mortgage lenders consider leases under standard thresholds to be risky and may refuse finance. Prospective purchasers must obtain specialist legal advice, check lender acceptance and be prepared for possible additional costs to extend the lease.
Other facts to consider: heating is by electric storage heaters and the EPC rating is D, which could mean higher running costs than gas-heated homes. The property sits in a very deprived area by local indices — potential buyers should weigh local market values and rental demand accordingly. For those willing to accept these points, the maisonette offers an affordable home or a low-entry investment with scope for improvement.
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