Summary -
6 Albion Court,Albion Way,BLYTH,NE24 5BW
NE24 5BW
2 bed 1 bath Terraced Bungalow
Low-maintenance let with steady income and off-street parking, ideal for portfolio growth.
- Freehold two-bedroom terraced bungalow, approximately 603 sq ft
- Currently let; annual gross income £6,600
- Private off-street parking; little visible garden space
- Small, low‑maintenance open-plan layout ideal for lettings
- Long-term tenants in situ; no immediate vacant possession
- Area described as very deprived with high local crime rate
- Buyer’s premium applies on sale; include in purchase costs
- Compact unit best suited to investors, limited family appeal
A compact two-bedroom terraced bungalow in Albion Court, Blyth, offered freehold and currently let to long‑term tenants. The property produces an annual gross income of £6,600 and sits in a residential court with private off‑street parking. Its small, low‑maintenance footprint and open-plan living make it straightforward to manage for a buy‑to‑let portfolio.
The exterior appears sound and basic with rendered walls and PVC windows; internal finishes are described as modest. The location is well served by local amenities, schools and public transport, supporting rental demand. Tenants are reported to be long-standing and expect to remain, which preserves income but restricts immediate vacant possession.
Material considerations: the area is described as very deprived with a high local crime rate, which may affect tenant profile and resale appeal. The accommodation is small (approx. 603 sq ft) and plot/garden provision is limited, so this suits investors seeking rental yield rather than family buyers after outdoor amenity. A buyer’s premium is said to apply to secure the purchase — factor this into acquisition costs.
Overall this is a straightforward let asset for investors or developers seeking an entry‑priced addition to a portfolio. It offers steady income now, but limited upside from strong capital growth or family‑market demand without further investment or area change.
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