Summary - 75 THE OVAL WASHINGTON NE37 2QR
3 bed 1 bath Terraced
Occupied buy-to-let with immediate rental income and refurbishment potential.
3 bedrooms in mid-terrace layout with small rear garden
This three-bedroom mid-terrace on The Oval offers a straightforward buy-to-let entry with long-term tenants already in place. At an asking price of £95,000 and reported gross annual rent of £9,000, the property presents clear income potential for investors seeking immediate yield and portfolio growth.
The house is a mid-20th-century, two-storey terraced brick-and-pebble-dash property of average overall size with a small rear garden and private driveway. It is freehold, has fast broadband and excellent mobile signal — practical strengths for rental demand in this area.
Condition is basic and will suit investors or developers prepared to carry out light to moderate refurbishment. Notable negatives include a very deprived local area classification, high local crime levels, a small plot and modest room sizes; the property will not suit owner-occupiers seeking spacious family accommodation.
Tenants are long-standing and intend to remain, so purchasers should expect an occupied investment with limited immediate access for viewings. A buyer’s premium applies on sale; obtain full tenancy paperwork and the Let Property Pack before committing.
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