Summary - 6 CHESTER SQUARE LYNEMOUTH MORPETH NE61 5UF
2 bed 1 bath Terraced
Long-term tenants and immediate income; ideal for portfolio growth with light refurbishment.
Freehold two-bedroom mid-terrace, approx. 730 sq ft
Current gross annual rent £5,100 with long-term tenants in place
Asking price £61,740 — immediate income for investors
Small front and rear gardens; low-maintenance paved yard
Rear yard and shed need basic maintenance/TLC
Area classified very deprived with high local crime rates
Excellent mobile signal and fast broadband speeds
Buyers Premium applies; review Let Property Pack and tenancy details
A straightforward freehold two-bedroom mid-terrace on Chester Square, Lynemouth, offered with long-term tenants in situ. The property measures approximately 730 sq ft and currently produces a gross annual rent of £5,100, presenting a clear buy-to-let entry with immediate income. Its traditional layout includes lounge, kitchen, three-piece bathroom and small front and rear gardens suited to low-maintenance use.
This is an investment-first opportunity: tenants report long tenures and consistent payments, so the sale will attract investors seeking steady cashflow or developers considering reconfiguration. The area is classified as very deprived with high local crime rates; buyers should factor location-related management responsibilities and potential lettability constraints into valuation and insurance costs.
Externally the yard and storage shed are practical but in need of basic TLC; the house is average-sized internally and shows typical mid-20th century terrace character. Broadband speeds and mobile signal are strong, supporting modern tenancy needs. A Buyers Premium applies to secure the purchase — ensure you review the Let Property Pack and tenancy paperwork for full investment detail.
This property will suit investors prepared for hands-on management or light refurbishment to improve returns. It is not aimed at buyers seeking a low-risk, owner-occupier move in a low-crime, affluent neighbourhood.
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