Summary - 1 CROFT VIEW RYTON NE40 4HF
2 bed 1 bath End of Terrace
Two-bed Victorian end-terrace with sitting tenants and strong gross yield—needs roof work.
Freehold Victorian end-of-terrace with two bedrooms
Long-term tenants in situ generating £6,000 pa (approx. 8.3% gross yield)
Private rear garden; small plot typical of terraced housing
On-street parking; fast broadband and local amenities nearby
Roof shows issues and will require maintenance/repair
Buyers Premium applies to secure the purchase—factor extra cost
No flood risk; area has average crime and deprivation
Suitable for investors or developers seeking immediate income
This two-bedroom end-of-terrace in Ryton presents a straightforward buy-to-let prospect for investors seeking immediate income. The property is freehold, sits on a small plot with a private rear garden, and benefits from fast broadband and local amenities close by. Current long-term tenants produce a reliable annual gross income of £6,000, giving an attractive gross yield of about 8.3% at the asking price of £72,000.
The house is a traditional Victorian brick build with a contemporary living room and a modern three-piece bathroom. On-street parking and proximity to good local schools and transport links support rental demand in this area. The tenant wishes to remain, so the purchase would be a straightforward income purchase rather than a refurbishment-for-sale play unless a buyer plans to wait for vacancy.
Notable maintenance and transactional points are clear: the roof shows signs of issues and will need attention, and the plot is small compared with suburban family homes. A Buyers Premium will apply as part of the sale process — factor this into your acquisition costs. There are no reported flooding risks and the area has average crime and deprivation levels.
Overall, the property suits an investor or developer looking for an income-producing addition to a portfolio, or a hands-on buyer prepared to undertake maintenance to enhance capital value. The existing tenancy provides immediate returns; further upside comes from targeted repairs and potential interior upgrades.
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