Summary - 5, ABBOTS QUAY, MONKS FERRY CH41 5LH
3 bed 2 bath Terraced
Large plot character home with regulated tenancy—ideal for experienced investors.
3 generous floors with high ceilings and period brickwork
Large plot: front garden and substantial rear yard
Two reception rooms plus kitchen; flexible internal layout
Must be sold with regulated tenancy in situ; tenant pays £388.32pcm
Strong tenant protections; vacant possession unlikely in short term
Area: very deprived neighbourhood with very high crime levels
Likely needs modernisation and possible maintenance/upgrade work
Excellent mobile signal and fast broadband; flood risk: none
A three-bedroom Victorian mid-terrace arranged over three floors, this property offers substantial space and clear renovation potential. High ceilings, period brickwork and separate reception rooms create character, while the large plot and rear yard provide scope for extension or garden landscaping. Located in a major conurbation, the house benefits from excellent mobile signal and fast broadband.
Important tenure and income details will determine the buyer: the property must be sold with an existing regulated tenancy in place. The tenant pays £388.32 per month and has strong statutory protections, which effectively prevents vacant possession and will limit immediate owner-occupation or re-letting at market rent.
There are material local challenges to weigh up. The area is classed as very deprived with very high crime levels; some buyers will see this as a long-term value play, others as a deterrent. The building appears period and likely requires updating — the sale is suitable for investors or experienced renovators prepared to manage tenant complications and local issues.
Nearby schools include an Outstanding primary and several state secondaries with mixed Ofsted results; amenities and transport links are typical for an inner-city area. This is a hands-on opportunity for a buyer who wants a characterful property on a large plot and accepts the constraints of a regulated tenancy and the wider neighbourhood context.
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