Summary - Beasley Avenue, Chesterton, Newcastle, ST5 7PE ST5 7PE
2 bed 1 bath End of Terrace
Low-cost renovation project for cash buyers or investors seeking quick upside.
Freehold two-bedroom end terrace, circa 487 sq ft
Requires selective refurbishment of kitchen, bathroom and finishes
Driveway parking to front and generous rear garden
Sold at auction — 10% deposit and £1,500 + VAT buyer's premium
Very cheap council tax (low running costs)
Area deprivation and above-average local crime statistics
Excellent mobile signal and fast broadband — good rental amenity
Most suitable for cash buyers or experienced investors
This compact two-bedroom end terrace on Beasley Avenue is a straightforward value play for cash buyers or investors willing to carry out selective improvements. The house is freehold with gas central heating, uPVC double glazing and an off-street driveway, plus a generous rear garden that adds lettable or resale appeal once refreshed. Its footprint is modest (circa 487 sq ft) so refurbishment costs are lower than larger projects.
The property will be sold at auction with a 10% deposit and a buyers’ premium fee of £1,500 plus VAT — purchasers must review the legal pack and be ready to exchange unconditionally. There is no upward chain, which can speed completion, but auction purchase commitments are legally binding and best suited to prepared buyers.
Condition is fair-to-poor in places: the kitchen, bathroom and internal finishes need modernisation and there are visible areas requiring refurbishment. The location is in a deprived ward with above-average crime statistics and predominantly young, hard-pressed families; factor local market strength and lettings demand into your calculations. Positive practical details include very low council tax, excellent mobile signal and fast broadband, which support rental prospects or resale to first-time buyers after works.
Overall this is a short-term improvement opportunity rather than a move-in-ready home. If you can absorb the auction purchase process and planned refurbishment costs, the property offers a low entry price, manageable project size and tangible upside from relatively modest investment.
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