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Ashington, Northumberland, NE63 9HJ - Online Auctions

1 & 1A George Street, Ashington, Northumberland, NE63 9HJ

£40,000
Residential
About this Property
2025-09-29
40000
Traditional
Residential
Description

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 potential

Location
More Information
Freehold
George Street
Flat
Planing Authority
Northumberland LPA

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