Summary - 20 GREY STREET WALLSEND NE28 7SE
2 bed 1 bath Ground Flat
Long-lease ground-floor flat needing modest refurbishment, ideal as an entry buy or small investment..
Two-bedroom lower flat with compact rear yard
Long lease: 959 years remaining
To be sold via online auction (terms apply)
EPC D; double glazing installed before 2002
Solid brick walls; likely no cavity insulation
Reported potential damp in living room — refurbishment needed
On-street parking only; council tax band A (very cheap)
Area: very deprived with higher crime rates
This two-bedroom lower flat on Grey Street offers an affordable entry into Wallsend with a long lease (959 years) and a compact rear yard. The property is a ground-floor apartment within a Victorian mid-terrace and sits close to local shops, leisure facilities and good primary and secondary schools, making everyday life convenient.
The flat is liveable but dated: it has mains gas central heating, double glazing fitted before 2002 and an EPC rating of D. The build is solid brick with no assumed cavity insulation, and there are signs that parts of the property will need attention — the living room notes potential damp and overall finishes are from an earlier era, so basic refurbishment and thermal improvements would add value and comfort.
Practical details to note: the property is leasehold and will be sold via online auction (terms apply), with on-street parking to the front. The local area scores as very deprived with higher-than-average crime levels, which will affect resale prospects and should be considered by buyers.
For a first-time buyer or small-scale investor willing to carry out modest works, this flat represents a low-cost opportunity in a central Wallsend location. Expect renovation tasks, potential damp mitigation, and energy-efficiency upgrades to realise the property’s potential.
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