Summary - 66 YORK STREET PELAW GATESHEAD NE10 0QL
2 bed 1 bath Flat
**Key Features:**
- Two-bedroom ground floor flat in a Victorian building
- Requires full renovation, providing a blank canvas for investors
- Spacious front double bedroom with bay window
- Shared rear yard with upper flat (to be sold together)
- Freehold tenure offers long-term ownership
- Low council tax makes it affordable for families
- Excellent mobile and fast broadband signals
**Summary:**
This unique two-bedroom ground floor flat presents an exceptional opportunity for investors or first-time buyers looking to add significant value through renovation. Priced at £50,000, the flat boasts the charm of Victorian architecture, featuring a spacious front bedroom with an inviting bay window and a rear bedroom that overlooks a shared yard. While the flat is in need of full refurbishment—including attention to damp issues, mold, and dated interiors—it allows for creative freedom to transform the space into a modern living environment.
The property is being offered as part of a pair with the upper floor flat, making it an ideal investment for those looking to manage multiple rental units under one title. With highly-rated primary schools nearby and plentiful local amenities—including a variety of shops and dining options—this flat is positioned within a family-oriented neighborhood eager for revival. Although crime rates are high in the area, the potential for personalized renovations and security can transform this space into a comfortable home. Act fast; opportunities like this don’t last long!
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