Summary - 14 WELLINGTON COURT WASHINGTON NE37 3DT
4 bed 2 bath Maisonette
Back-to-brick maisonette with rental potential — full refurbishment required.
Vacant four-bedroom maisonette over two floors, approx. 990 sq ft
Offered for sale at a national online auction, this vacant four-bedroom maisonette is a back-to-brick renovation project ideal for an investor or experienced developer. The property extends to about 990 sq ft over two levels with an open-plan ground-floor living area, four bedrooms across both floors, two bathrooms, an enclosed rear garden and communal front gardens.
The property is priced to reflect the full refurbishment required and presents clear rental upside — an achievable rent of around £750 pcm (£9,000 pa) is estimated once works are complete. Broadband speeds are reported as fast and mobile signal excellent, useful for tenants and property management.
Buyers should note important negatives: the maisonette requires a complete refurbishment throughout, it sits in a very deprived area with high local crime levels, and tenure details must be confirmed in the legal pack. An administration fee of £3,600 (inc VAT) is payable on exchange and other disbursements may apply as listed in the legal pack.
This is a clear, risk-reward opportunity for someone comfortable managing a full renovation in a major conurbation. Close proximity to local schools, transport links and shopping offers practical letting appeal once works are completed.
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