Affordable two-bedroom first-floor flat with long lease and refurbishment potential near transport links..
- Two-bedroom first-floor flat, approximately 707 sq ft
- Long lease: 982 years remaining (verify with solicitor)
- Gas central heating and UPVC double glazing
- Victorian mid-terrace with high ceilings and period features
- EPC rating D; solid brick walls assumed without insulation
- Exterior needs renovation; some internal updating likely required
- Located close to shops, train station and frequent bus routes
- Area has very high crime and is very deprived — affects value
A two-bedroom first-floor flat in a Victorian mid-terrace, this property offers a practical entry into Newcastle’s housing market. The apartment benefits from double glazing, gas central heating and generous ceiling heights that retain period character. The layout includes a living room with a bay window, a rear kitchen with fitted hob and oven, two bedrooms and a bathroom. The overall size is average (approximately 707 sq ft) and the long lease (982 years remaining) removes a common leasehold concern.
Location is a clear asset: immediate access to local shops, supermarkets, frequent bus and rail links, and a range of neighbourhood amenities make day-to-day living convenient. The property sits within walking distance of several primary and secondary schools (mixed Ofsted results), which may appeal to young families or rental investors seeking steady tenant demand.
Buyers should note material negatives truthfully. The wider area is classified as “hampered” with high deprivation and very high crime rates — factors that affect resale values and lettings. The building appears to have original solid brick walls with no cavity insulation (assumed) and the exterior needs some renovation. EPC rating is D. These issues mean running costs and refurbishment bills may be higher than average.
This flat will suit first-time buyers looking for an affordable starter home or investors targeting steady rental income in a major conurbation. It also presents clear scope for cosmetic refurbishment to improve energy performance and rental/market value, but purchasers must budget for exterior repair and possible internal upgrades. Leasehold details should be verified by a solicitor prior to exchange.