Tenanted auction sale with upgrade potential and immediate rental income..
Tenanted investment—immediate rental income potential
Sold at auction—fast, conditional sale process
Needs renovation—visible wear inside and outside
EPC C with mains gas heating—reasonable energy performance
Council Tax Band A—low ongoing tax liability
High local crime and very deprived area—management consideration
Small garden and off-street parking—practical tenant features
Freehold tenure—no leasehold complications
This three-bedroom semi-detached house in Fawdon offers immediate rental income and clear uplift potential for investors prepared to refurbish. Currently tenanted and sold at auction, the property gives access to the local lettings market straight away while refurbishment could increase value and rents.
The home is a mid-20th-century build (c.1950–66) with an EPC C rating and mains gas central heating, helping to keep running costs reasonable. Accommodation includes lounge, kitchen, dining room, three bedrooms, bathroom, separate WC, small rear garden and off-street parking — practical features for tenants or future owner-occupiers.
Notable negatives are the listed need for renovation, visible exterior and interior wear, and its location in a high-crime, very deprived ward. Buyers should factor in repair and maintenance costs and consider the management implications of a tenanted investment. The property is freehold and in Council Tax Band A, which supports lower ongoing costs.
Fast broadband and excellent mobile signal are positives for modern tenants. With secure sale at auction, this is best suited to investors or cash/chain-free buyers who can act quickly and budget for renovation and active property management.
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