Summary - 43 BRINKBURN STREET WALLSEND NE28 0JJ
2 bed 1 bath Apartment
Chain‑free two-bed buy-to-let with long lease and strong yield potential.
Chain-free ground-floor flat with long 981-year lease
No ground rent or service charge — low ongoing fixed costs
Requires full refurbishment throughout — works required before let
Estimated 12% gross rental yield after renovation (projected)
Private rear courtyard/garden (approx. 23'0" x 19'8")
Located in a high-crime, very deprived area — affects demand
609 sq ft; small overall size suited to rental market
Cash buyers only; investment experience recommended
This ground-floor two-bedroom flat on Brinkburn Street is a clear investor proposition: chain-free, long lease (981 years) and no ground rent or service charge. The property requires full refurbishment but offers scope to create a tidy rental unit with a private rear yard and straightforward layout. With local transport, shops and schools close by, it suits a buy-to-let strategy aimed at steady rental demand.
The flat measures about 609 sq ft and has a covered rear courtyard/garden (approx. 23'0" x 19'8") that can be improved to increase tenant appeal. Internally the living room, kitchen, two bedrooms and bathroom are all in dated condition and will need modernisation — ideal for a renovating investor prepared to carry out works to add value. Broadband speeds are fast and mobile signal is excellent, useful selling points for tenants.
Be candid about location realities: the area scores high on deprivation and recorded crime levels are high. This dampens owner-occupier demand but can be priced to attract private-rent tenants and deliver strong gross yields. The headline potential is a circa 12% gross rental yield after works, but that depends on accurate refurbishment and letting costs. This is a cash-buy, renovation project for experienced landlords or developers prepared for hands-on management.
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