Summary - 132 Park Terrace, Swalwell, Newcastle upon Tyne, Tyne and Wear, NE16 3BU NE16 3BU
5 bed 2 bath Not Specified
Renovated, ready-to-let pair close to transport links and schools.
Freehold pair of flats: lower two-bed, upper three-bed
A practical investment: a freehold pair of flats arranged as a two-bedroom lower and three-bedroom upper, recently renovated and offered at auction. The buildings benefit from modern fitted kitchens, a family bathroom, double glazing and gas central heating, with EPCs rated C.
The total internal area is compact (around 715 sq ft), so rooms are efficiently arranged rather than expansive. The property is mid-terrace Victorian stock with high ceilings and period sash windows; solid brick walls are assumed to have no added insulation, which may be a consideration for ongoing running costs and future works.
Positioned in Swalwell with good transport links, local amenities and a cluster of schools nearby, this pair of flats suits a landlord seeking an income-producing asset in a major conurbation. Note the wider context: the immediate area is classified as deprived with very high recorded crime rates, and the property will be sold at auction — bidders should carry out necessary checks and viewings beforehand.
Practical positives include freehold tenure, low council tax (Band A), mains gas heating and fast broadband/excellent mobile signal. Material considerations are the compact overall size for five bedrooms, potential need for insulation or further upgrading, and the auction sale process.
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