Compact two-bed investment close to metro, shops and hospitals.
- Two bedrooms in a compact 555 sq ft ground-floor flat
- Private rear yard provides outdoor space
- Long lease (956 years) with peppercorn ground rent
- Sold at auction; buyer pays admin fee and must verify terms
- Double glazing present; EPC rating D
- Small overall size; requires modernisation and updating
- Heating details inconsistent; verify heating type and systems
- Very low council tax (Band A) and strong rental demand
This ground-floor Tyneside flat in South Gosforth offers a compact two-bedroom layout and a private rear yard in a highly connected, in-demand neighbourhood. With 555 sq ft of space and period character externally, the property is positioned for buyers who want a straightforward renovation or a ready rental return. The long lease (over 950 years) and very low council tax band make ownership simple to manage.
Offered at auction, the home is best suited to investors or first-time buyers prepared to refurbish. The apartment benefits from double glazing and a favourable location close to South Gosforth Metro, shops, schools and Freeman Hospital — factors that support steady rental demand. The area is affluent with low crime and strong mobile and broadband provision.
There are important practical points to note: the accommodation is small and described as a fixer-upper requiring modernisation; heating is reported inconsistently in paperwork (electric room heaters noted in one section, gas central heating in another) so buyers should verify the system. The property has an EPC rating of D and will be sold subject to auction terms, buyer’s premium and legal checks. All tenure and technical details should be confirmed with your solicitor prior to bidding.
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