Period character, modern updates, and an income stream in a convenient Newcastle location.
Tenants in situ — indicated 7% gross yield at £725pcm
Two reception rooms and high ceilings — period character
Recently refurbished kitchen and modern three-piece bathroom
Two double bedrooms plus versatile loft room
Solid brick construction — likely no wall insulation
Small rear garden and modest overall footprint (~700 sq ft)
Freehold tenure with very low council tax
Excellent mobile and fast broadband speeds
A well-presented Victorian mid-terrace offering reliable rental income and practical living space. The house benefits from high ceilings, two reception rooms and two double bedrooms, creating a comfortable layout for tenants or owner-occupiers. The recently refurbished kitchen and modern three-piece bathroom reduce immediate maintenance costs and improve appeal.
Currently let with an indicated 7% gross yield, the property suits buy-to-let investors seeking an income-producing asset in a low-crime, affluent area with good transport links and nearby green spaces. The versatile loft room adds usable space for storage, a home office or additional sleeping area, increasing rental flexibility.
Buyers should note the building’s original solid-brick construction likely lacks cavity insulation, which may mean higher heating costs and future upgrade work to improve energy efficiency. The rear plot is small and the property is compact (circa 700 sq ft), so outdoor space and room sizes are modest. Council tax is very low, and broadband and mobile signals are strong, supporting modern tenant needs.
Overall this terraced house represents a straightforward, low-maintenance investment with period character and recent internal updates, but budget for possible insulation or energy-efficiency improvements if planning longer-term ownership.