Summary - 16A ROSALIND STREET, ASHINGTON, ASHINGTON NE63 9BJ
4 bed 2 bath Apartment
Immediate rental income with short-term upgrade potential.
Two self-contained two-bedroom flats sold together
This terraced property comprises two self-contained two-bedroom flats offered together ideal for investors seeking immediate rental income. The ground-floor flat is currently let at £425 pcm, while the first-floor flat is vacant and ready for re-letting or light refurbishment. Both flats have EPC ratings of C and a very long lease (circa 999 years).
Accommodation is straightforward and functional: two reception rooms, basic kitchens and bathrooms, and double glazing. Overall floor area is modest and external space is limited to a small front garden and a shared paved yard to the rear. The property’s mid-20th century build and fitted systems are serviceable but would benefit from cosmetic updating to lift rental value.
Location is town-centre close with fast broadband and multiple local amenities within walking distance, supporting good tenant demand. Important considerations: the area records very high crime levels and is classed as very deprived, so investor purchasers should factor in management costs, tenancy risk and local demand dynamics. The ground-floor tenancy provides immediate income; the vacant first floor offers short-term uplift potential after modest investment.
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