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Two-bedroom terrace property

Blyth, NE24 - Get Access

2 bed 1 bath

Description

This vacant two-bedroom terrace property is located in a prime position within Blyth. The accommodation comprises an entrance hallway, a living room, two spacious double bedrooms, a kitchen, and a bathroom. Externally, the property benefits from a yard to the rear, and there is ample storage throughout. The property offers excellent renovation potential with opportunities for a buy-refurbish-refinance strategy, making it well-suited to shrewd investors or buy-to-let landlords looking to put their own stamp on a home. Once renovated, the property could potentially command a rental income in the range of £600 to £650 per month (£7,200 to £7,800 per annum), representing strong yield potential, whereas it is currently tenanted at £450 per month (£5,400 per annum). Situated in a convenient location close to local schools and amenities, the property offers a straightforward purchase with excellent upside potential and strong sales evidence in the surrounding area, such as 41 Wright Street and 97 Beaumont Street. Blyth is increasingly popular due to its affordable coastal living combined with major regeneration and clean-energy investment, offering good beaches, a busy port, expanding employment linked to renewable energy and battery manufacturing, and strong transport links to Newcastle.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 861 sq ft (EPC)

This two-bedroom terraced property in Blyth was valued by examining recent sales of similar terraced houses in the surrounding streets. The property presents in fair condition with dated decorative finishes and fittings requiring minor cosmetic updates. Floor area was established via EPC data at approximately 861 square feet.

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