£180,000
Studio flat for sale
Blyth, Northumberland NE24 1BW
studio Flat Property description
Auction Date 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/northeastSubstantial Town Centre Freehold Development Opportunity
VIEWINGS UPON REQUEST - CALL THE TEAM!A rare opportunity to acquire a prominent three-storey mid-terrace property situated in the heart of Blyth town centre. Formerly operating as Victory Amusements, this substantial building now requires full refurbishment throughout, offering huge scope for redevelopment to a variety of uses (subject to the necessary consents).
The Property
-Extending to approximately 340 sq. m. (3,660 sq. ft.) across three floors.
-Ground floor with former amusement arcade layout, storage, kitchen, and WC facilities.
-Two upper floors with large open rooms, previously used for ancillary accommodation, now stripped back and providing a blank canvas for future conversion.
-Traditional frontage with excellent prominence onto Waterloo Road, a busy retail and commercial location.
Condition
The property is in need of significant renovation and refurbishment. Internally, many areas have been stripped back to brickwork and floors/ceilings require attention. Some original features remain, and the property benefits from generous proportions and natural light at upper levels.
Development Potential
Given its size and layout, the property offers excellent redevelopment prospects, including but not limited to:
-Mixed-use scheme with ground floor commercial unit and residential above.
-Conversion to apartments/HMO accommodation (subject to planning).
-Continued commercial use such as retail, leisure, office, or hospitality.
Location
The building occupies a prominent position on Waterloo Road, Blyth’s main shopping street, close to national and independent retailers, eateries, and community amenities. The town continues to undergo regeneration, with strong local demand for both residential and commercial space.
Accommodation (approx. gross internal areas):
-Ground Floor: 134 m² (1,442 sq. ft.)
-First Floor: 114 m² (1,227 sq. ft.)
-Second Floor: 92 m² (990 sq. ft.)
Total: 340 m² (3,659 sq. ft.)
Tenure: Freehold
Council Tax / Rateable Value: Interested parties should make their own enquiries with the local authority.
Auctioneer’s Note:
This is a significant redevelopment opportunity in a prime location. Early inspection is highly recommended to appreciate the scale and potential on offer.Tenure: FreeholdEPC Rating: see legalsAdministration 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/northeastSubstantial Town Centre Freehold Development Opportunity
VIEWINGS UPON REQUEST - CALL THE TEAM!A rare opportunity to acquire a prominent three-storey mid-terrace property situated in the heart of Blyth town centre. Formerly operating as Victory Amusements, this substantial building now requires full refurbishment throughout, offering huge scope for redevelopment to a variety of uses (subject to the necessary consents).
The Property
-Extending to approximately 340 sq. m. (3,660 sq. ft.) across three floors.
-Ground floor with former amusement arcade layout, storage, kitchen, and WC facilities.
-Two upper floors with large open rooms, previously used for ancillary accommodation, now stripped back and providing a blank canvas for future conversion.
-Traditional frontage with excellent prominence onto Waterloo Road, a busy retail and commercial location.
Condition
The property is in need of significant renovation and refurbishment. Internally, many areas have been stripped back to brickwork and floors/ceilings require attention. Some original features remain, and the property benefits from generous proportions and natural light at upper levels.
Development Potential
Given its size and layout, the property offers excellent redevelopment prospects, including but not limited to:
-Mixed-use scheme with ground floor commercial unit and residential above.
-Conversion to apartments/HMO accommodation (subject to planning).
-Continued commercial use such as retail, leisure, office, or hospitality.
Location
The building occupies a prominent position on Waterloo Road, Blyth’s main shopping street, close to national and independent retailers, eateries, and community amenities. The town continues to undergo regeneration, with strong local demand for both residential and commercial space.
Accommodation (approx. gross internal areas):
-Ground Floor: 134 m² (1,442 sq. ft.)
-First Floor: 114 m² (1,227 sq. ft.)
-Second Floor: 92 m² (990 sq. ft.)
Total: 340 m² (3,659 sq. ft.)
Tenure: Freehold
Council Tax / Rateable Value: Interested parties should make their own enquiries with the local authority.
Auctioneer’s Note:
This is a significant redevelopment opportunity in a prime location. Early inspection is highly recommended to appreciate the scale and potential on offer.Tenure: FreeholdEPC Rating: see legalsAdministration 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.
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First listed
YesterdayBlyth, Northumberland NE24 1BW
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Auction House - North East 15 Beach Road South Shields, Tyne & Wear NE33 2QACall agent on 020 8115 2054
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