Rare buy-to-let chance with loft conversion potential and immediate rental income prospects.
Newly renovated four-bedroom Victorian mid-terrace, freehold
A large, newly renovated four-bedroom Victorian mid-terrace in central Newcastle, presented as a straightforward freehold purchase with strong rental potential. The house has been updated throughout and benefits from double glazing, modern heating, two bathrooms and a fully boarded loft with electrics and pipework in place.
This property will suit investors or landlords seeking an HMO conversion or owners wanting substantial space close to city amenities. There is scope to add further bedrooms in the loft (space and services present) — the layout is already described as convertible to a five-bedroom arrangement and has been marketed with potential gross rental income estimates.
Practical points to note: the plot is small with on-street parking only, the wider area scores as deprived with very high local crime levels, and the building has solid brick walls likely without cavity insulation. EPC rating C and low council tax band reduce running costs, but buyers should factor in possible measures for soundproofing, insulation upgrades and any HMO licensing or compliance works.
Overall this is a rare city-centre terraced townhouse offering immediate rental income potential and conversion upside, balanced by an urban setting with higher local crime and restricted private outdoor space.
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