Summary - 24 BYRON PLACE ASHINGTON NE63 9ND
3 bed 1 bath Terraced
Auction-priced rental opportunity near commuter links and local amenities.
- Three bedrooms over two storeys, average overall size
- Rear private garden, small plot
- Double glazing and combi gas boiler installed
- Potential monthly rent circa £695 (investment guide)
- Sold at auction; reserve price reflects condition
- Non-standard system-built construction; requires inspection
- Located in a very deprived area with above-average crime
- On-street parking only; limited off-street provision
A compact three-bedroom mid-terraced house offered for sale by auction, priced to reflect its refurbishment and tenure realities. The property comes with a rear garden, double glazing and mains gas central heating via a combi boiler, making it straightforward to bring up to standard for lettings or resale. EPC rating C supports decent energy performance.
This is an investor-focused opportunity: the vendor’s guide suggests a potential monthly rent of around £695, giving scope for attractive yields at the current reserve. The house sits close to shops, leisure facilities, bus routes and a new train station with direct links to Newcastle, which helps rental demand.
Important facts: the property is of non-standard, system-built construction and shows external wear and dated interiors; some renovation and ongoing maintenance will be required. The neighbourhood is in a very deprived area with above-average crime statistics, which affects long-term capital-growth prospects and tenant profiles.
Sold at auction as freehold, the lot suits a buyer experienced with refurbishments or portfolio growth who can factor in repair costs, management and local letting considerations. Council Tax Band A and a small plot size are additional practical notes for budgeting and planning.
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