Summary - 155 DISRAELI STREET BLYTH NE24 1HZ
2 bed 1 bath Terraced
Two-bedroom terraced investment with immediate rental income and refurbishment potential..
Long-term tenant in situ with consistent rent payments
Gross annual income £7,200; asking price £70,000 (approx 10.3% gross yield)
Freehold Victorian mid-terrace with period bay windows
Small front forecourt and private rear garden; on-street parking only
No internal photos or floorplans provided — inspection advised
Area described as very deprived with high crime — locality risk
Likely requires modernisation/maintenance; refurbishment potential
Buyers Premium applies to secure purchase
This two-bedroom mid-terraced Victorian bay-front house on Disraeli Street, Blyth, is presented primarily as a buy-to-let opportunity. It is freehold, currently let to long-term tenants who have a reliable rent record and state they intend to remain. The property produces a gross annual income of £7,200 against an asking price of £70,000, offering a strong headline gross yield (around 10.3%).
Externally the red-brick terrace and projecting bay windows retain period character and appear generally sound from street views. The house has small paved forecourt to the front and a private rear garden, with on-street parking. Broadband and mobile signal are reported as good, supporting rental demand from working tenants.
Buyers should note material drawbacks: the area is described as very deprived with high crime, which can affect tenant risk, demand and resale values. There are no internal photos or floorplans included; internal condition and services have not been verified and the property will need inspection to confirm any maintenance or modernisation required. A Buyers Premium is stated as part of the sale process.
This listing is aimed at investors or developers seeking immediate income and portfolio growth. It offers straightforward rental cashflow with scope for value enhancement through refurbishment, but purchasers should factor in locality risk, potential repair costs and the need for a full survey and tenancy verification before purchase.
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