Affordable starter home with refurbishment potential near coast and transport.
Freehold three-bedroom mid-terrace, two reception rooms
This mid-terraced, three-bedroom townhouse on Elsdon Terrace is a straightforward, freehold starter home or buy-to-let opportunity. The layout gives two reception rooms, a fitted kitchen and three bedrooms across two storeys; gas central heating and double glazing are already in place. At the asking price of £135,000 the property offers good scope for value uplift through modernisation of kitchen, bathroom and decor.
The location is a practical selling point: close to local shops, cafés, transport links and a short trip from the coast, King Edward’s Bay and Tynemouth. Several nearby primary and secondary schools have good Ofsted outcomes, which will suit buyers with young families or tenants seeking local schooling. Broadband and mobile signal are strong, and council tax is very low, keeping ongoing costs down.
Buyers should note material negatives plainly. The area is classified as very deprived with above-average crime rates; this may affect long-term demand and rental values. The house sits on a small plot with a modest rear yard and no front garden. Interior finishes are dated and the property will need cosmetic updating; there is a single family bathroom and a separate WC which may be limiting for larger households.
Overall, this is a practical, affordable terraced home aimed at first-time buyers, small families or investors comfortable with modest refurbishment. Early viewing is recommended to judge room sizes and potential for reconfiguration to maximise living space.
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