Low-cost purchase with clear refurbishment and rental upside.
Vacant one-bedroom flat in a Victorian terraced building
This vacant one-bedroom flat on Bowes Street offers clear investment and refurbishment potential in central Blyth. The accommodation includes a large kitchen, lounge, bedroom and bathroom within a compact Victorian terrace footprint, suited to a buy-to-let or small renovation project.
The property is leasehold and offered at a low entry price, likely to attract serious investors and developers. On-street parking and good mobile and broadband coverage support tenancy demand, but the area records very high crime and is classified as very deprived, which will affect rental levels and tenant profiles.
The building appears structurally typical for its age but internally dated and in need of modernisation; cosmetic and possible system upgrades should be expected. A Buyers Premium will apply on sale — factor this into purchase and refurbishment costs. Further inspection and a full property pack are recommended before bidding or offer.
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