Summary - 41 Avon Avenue NE29 7QT
2 bed 1 bath Flat
Affordable refurb project above shops in a convenient North Shields location.
Guide price £27,500 — low entry investment opportunity
This first-floor, two-bedroom flat above a parade of shops offers a low-entry investment or refurbishment project in North Shields. At a guide price of £27,500 and 668 sqft, the property is small-to-average in size and suited to buyers prepared to modernise.
The flat is being sold by online auction (Option 1) with a 10% deposit on exchange and 28-day completion. Leasehold with 88 years remaining, a reported ground rent of £10 and EPC rating E mean purchase costs and financing should be checked carefully before bidding.
Condition is dated throughout: electric storage heaters, basic kitchen, assumed uninsulated cavity walls and likely cosmetic and systems upgrades required. There is rear access but no substantial private garden. The location is convenient for local shops and transport but sits in a very deprived area with high crime—factors that will affect lettability and capital growth.
For an investor or hands-on buyer this flat presents clear upside through refurbishment or conversion to a rental. For buyers seeking a ready-to-live home, significant works and ongoing neighbourhood considerations will be necessary.
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3 bedroom flat for sale in Tynemouth Road, Howdon, Wallsend, Tyne and Wear, NE28 0LF, NE28 — £60,000 • 3 bed • 1 bath • 1088 ft²
