Summary - 110, NEWCASTLE STREET, NEWCASTLE ST5 6PL
3 bed 1 bath Terraced
Three-bed mid-terrace with tenant, low-maintenance courtyard and refurbishment potential..
Freehold Victorian mid-terrace with tenant in situ, ideal for investors
A three-bedroom Victorian mid-terrace offered freehold with a tenant in situ — aimed squarely at investors seeking immediate rental income. The house retains period brick elevations and provides flexible living space: a front reception that could double as a rental bedroom, a rear reception, galley kitchen and a ground-floor bathroom. Upstairs are three generous bedrooms and a low-maintenance courtyard garden.
The property needs modernisation and may suit a hands-on investor or a small refurbishment project. Solid brick walls (likely uninsulated), an EPC rating of D and older heating systems mean energy improvements and insulation would add value and lower running costs. There is on-street parking only and room sizes are small-to-medium throughout.
Practical risks to factor in: the property sits in a high-crime area with a medium flooding risk and is being sold with a tenant in situ, so vacant possession is not guaranteed on completion. These factors affect financing, insurance and refurbishment planning but are reflected in the asking price, creating potential upside for an investor prepared to manage the tenancy and carry out improvements.
Nearby facilities include good primary and secondary schools, local shops, public transport links and leisure amenities, supporting continued rental demand in this city/major town location. For an investor focused on yield with straightforward refurbishment scope, this house offers an accessible entry at a competitive price point.
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