Auction House North East are delighted to present this substantial end-terrace property, comprising two self-contained flats (1 & 1A), located on George Street in Ashington. Offering excellent potential for investors, this property provides the opportunity to generate a healthy rental income or refurbish and resell. Property Layout: 1 George Street (Ground Floor Flat, approx. 59 m²) -Entrance hallway -Spacious living room (5.8m x 4.3m) -Fitted kitchen -Bathroom -Large double bedroom (3.1m x 4.1m) 1A George Street (First Floor Flat, approx. 74 m²) -Hallway and stairs to first floor -Generous living room (5.5m x 4.3m) -Fitted kitchen -Bathroom -Main bedroom (3.2m x 4.2m) -Second bedroom (2.2m x 3.2m) Externally: The property benefits from a walled front garden and a rear yard, with separate access for each flat. Investment Potential: Estimated combined rental income once refurbished: £10,000 – £12,000 per annum (subject to market conditions). Ideal for buy-to-let investors, landlords looking to expand their portfolio, or those seeking a refurbishment project. Location: Situated close to Ashington town centre, the property is within easy reach of local shops, schools, amenities, and public transport links. Road connections via the A189 provide convenient access to Newcastle, Blyth, and the surrounding areas. Summary: -Freehold end-terrace property split into two flats -Vacant possession – refurbishment required -Strong rental demand in the area -Excellent investment or resale potentialTenure: FreeholdEPC Rating: D
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Services
Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.
Additional Fees
Administration Charge - £3,600 inc vat payable upon the fall of the virtual gavel
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.