£40,000
3 bedroom block of apartments for sale
Ashington, Northumberland NE63 9HJ
flat 
3 bedrooms Property description
Auction Commencing on Monday 29th September at 1pm and ending 24 hours later on Tuesday 30th September at 1pm with Auction House North East
Please register to bid via our website - auctionhouse.co.uk/northeastTwo flats, one freehold – a fantastic investment opportunity in the heart of Ashington.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: DAdministration Fee: £3600 inc VAT payable on exchange of contracts.Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Please register to bid via our website - auctionhouse.co.uk/northeastTwo flats, one freehold – a fantastic investment opportunity in the heart of Ashington.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: DAdministration Fee: £3600 inc VAT payable on exchange of contracts.Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Property photos
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First listed
TodayAshington, Northumberland NE63 9HJ
Marketed by
Auction House - North East 15 Beach Road South Shields, Tyne & Wear NE33 2QACall agent on 020 8115 2054
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Monthly repayment
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Ashington, Northumberland NE63 9HJ - Streetview
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