Summary - 8 OAKTREE TERRACE PRUDHOE NE42 5BH
2 bed 1 bath Terraced
Let property producing steady rental income with refurbishment upside for investors.
Freehold mid-terraced Edwardian house, two bedrooms
A compact two-bedroom Edwardian terraced house in Prudhoe offered with long-term tenants in situ, presenting a straightforward buy-to-let purchase. The property generates an annual gross income of £7,200 against a purchase price of £80,000, giving an immediate income-producing asset for investors seeking steady rental returns. The freehold tenure and private off-street parking add practical value for lettings.
Externally the house is a traditional red-brick terrace with a single-storey rear extension and small enclosed front and rear gardens. Internal space is modest (around 811 sq ft) and the property appears well maintained for continued occupation, though photos and descriptions indicate scope for basic modernisation to lift rental value and appeal.
Notable constraints: tenants have occupied the property for several years and report no intention to vacate, so buyers should expect a continued tenancy on completion. A buyer’s premium will apply to secure the purchase. Crime levels in the area are reported above average and local broadband and mobile signals are average, which may affect some tenant profiles.
This is best suited to investors or developers seeking an income-producing terraced house in a stable, ageing-suburban neighbourhood. It offers immediate yield with modest upside through refurbishment or rent review, balanced by tenancy continuity and small plot size.
2 bedroom terraced house for sale in South Road, Prudhoe, NE42 — £70,000 • 2 bed • 1 bath • 657 ft²
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3 bedroom end of terrace house for sale in Edgewell Avenue, Prudhoe, Northumberland, NE42 — £130,000 • 3 bed • 1 bath • 1237 ft²
3 bedroom terraced house for sale in Byrness, Newcastle Upon Tyne, NE5 — £125,000 • 3 bed • 2 bath • 915 ft²
2 bedroom terraced house for sale in Leaburn Terrace, Prudhoe, NE42 — £130,000 • 2 bed • 1 bath • 574 ft²
2 bedroom end of terrace house for sale in Beech Grove South, Prudhoe, Northumberland, ., NE42 — £140,000 • 2 bed • 1 bath
