Summary - 293 BEACONSFIELD STREET NEWCASTLE UPON TYNE NE4 5JS
2 bed 1 bath Ground Flat
Two-bed auction opportunity with long lease and refurbishment potential.
Private ground-floor entrance and rear yard
A budget-priced two-bedroom ground-floor flat sold at auction, offering clear refurbishment potential in a Victorian mid-terrace. The property has its own private entrance, gas central heating, double glazing and a private rear yard — basics are in place for a straightforward upgrade. With 689 sq ft and high ceilings in the reception room, the flat can be modernised to attract rental income or resale value.
Buyers should note the property is sold as seen and requires renovation throughout; services and appliances have not been tested. The sale is by unconditional auction (29 Oct 2025). Successful bidders must provide a minimum 10% deposit (minimum £5,000) and a buyers’ fee (1.2%, min £1,500). Leasehold title has 968 years remaining — long lease term is favourable — and EPC is rated C.
The location is close to public transport links to Newcastle city centre, the Metro Centre and major roads (A1, A69). The local area is a mix of students and young families with a higher-than-average crime rate and signs of area deprivation, so consider target market and lettings strategy when bidding. Council Tax Band A means running costs are low.
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