Four bedrooms and two bathrooms across two upper floors
A spacious four-bedroom upper maisonette on Wingrove Avenue, offered at auction with immediate investment potential. Arranged over two levels, the property has two bathrooms, a separate lounge and kitchen, and a layout well suited to sharers or long-term lettings. At about 1,243 sq ft it delivers above-average floor area for the price band.
The location sits close to the former Newcastle General Hospital regeneration area with frequent transport links into the city centre, nearby schools (including two rated Outstanding), and local shops and services. Fast broadband and excellent mobile signal support modern tenants; no flood risk is recorded.
Important considerations: the flat is leasehold and being sold at an unconditional online auction — purchasers should allow for auction terms and check lease length/ground rent. The building is an early 20th-century solid-brick terrace with no assumed wall insulation and parts of the interior clearly require updating. The neighbourhood records very high crime and is classified as deprived, which impacts rental types, yields and management requirements.
For investors this is a clear value play: large internal space, strong rental demand from students and young families, nearby regeneration and low council tax band A reduce holding costs. Expect some capital expenditure on insulation, decorative refurbishment and possibly services to maximise returns; these works will improve long-term energy performance and appeal to higher-quality tenancies.
