Summary - 155 CHESTNUT STREET ASHINGTON NE63 0BS
2 bed 2 bath End of Terrace
Two-bed rental with tenant in situ and strong gross yield potential.
- Tenant in situ paying £450 pcm (income £5,400 pa)
- Freehold Victorian end terrace with small front garden
- Two bedrooms and two bathrooms — uncommon for age
- EPC rating D; modest energy efficiency
- Double glazing installed post-2002; mains gas central heating
- Located in a very deprived area; investment risk accordingly
- Requires light updating/refurbishment to increase rent/value
- Council Tax Band A; low local tax cost
A two-bedroom end-terrace built in 1905, offered with a tenant in situ paying £450 pcm (£5,400 pa). The property is freehold, double-glazed, gas-heated with a boiler and radiators, and unusually provides two bathrooms for a house of this age. Its compact paved front garden and traditional Victorian brickwork suit buyers seeking a straightforward rental asset.
Placed within walking distance of Ashington town centre, the house sits in a very deprived, blue-collar terrace area. EPC rating D and Council Tax Band A reflect modest running costs but also indicate limited energy efficiency. The current rent against the asking price implies a strong gross yield (around 9.5%), making this of interest to investors seeking income rather than immediate capital growth.
Internally the accommodation is practical: a sizeable reception room, a functional kitchen, two bedrooms and a shower room upstairs. The property appears generally maintained but shows signs that typical updating or light refurbishment would increase appeal and rent potential. Prospective buyers should verify tenancy terms, inspect services and factor in works to raise energy performance.
Not suitable for buyers seeking a quiet, high‑value residential neighbourhood; the local area is described as challenged with very deprived indicators. For a landlord or investor willing to manage a tenant-in-situ and modest improvement works, this offers an accessible entry into the local rental market.
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