Milburn Road, Ashington NE63
North East
£40,000
Listed on 06/11/2026
Listed on 06/11/2026
The listing
Property details
Bedrooms
2Type
FlatDescription
This two-bedroom first-floor flat has a spacious lounge with dual-aspect windows, a dining kitchen, two double bedrooms and a family bathroom with a four-piece suite. The accommodation is described as needing updating and improvement, offering scope for a buyer to assess and carry out refurbishment to their requirements.
The flat is leasehold, with a stated lease term of 999 years from May 2008. Ground rent and service charge details are not provided and should be checked with a legal adviser. The listing also notes that a mining search would be beneficial and that the property has an EPC rating of E.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
48out of 100
Grade ELow opportunity
Confidence: LOW
At £40,000, this two-bedroom flat has a clean, usable starting point and a light-refresh project rather than a full renovation. The dual-aspect lounge and two double bedrooms offer a practical base, while the dated finishes and worn rear courtyard leave scope to modernise and tidy the outdoor space.
The overall score is E, reflecting that value and resale economics cannot yet be judged: the floor area is missing, so there is no local £/sqf comparison. Confirm the leasehold costs and property details, including the service charge and services, before proceeding.
Key opportunities
- Refresh the plain, older-style finishes across the lounge and bedrooms while retaining their clean, usable starting point.
- Update the basic kitchen fittings and dated flooring.
- Clear the courtyard and assess the cracked paving and weathered boundaries for straightforward improvement.
Key risks
None recorded.
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Transport
Nearest stations
Ashington Rail Station
0.7 miles
Train · Ashington
Bedlington Rail Station
2.4 miles
Train · Bedlington Station
Pegswood Rail Station
3.3 miles
Train · Pegswood
Blyth Bebside Rail Station
3.4 miles
Train · Blyth
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£163
Based on a loan of £30,000 over 30 years at 5.13% interest
These results are estimates and are 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
Pricing
Price history
-27.3% since listed
£40,000£5,000(-11.1%)
05/11/2026£45,000£5,000(-10.0%)
12/09/2026£50,000£5,000(-9.1%)
24/07/2026£55,000Initial listing
16/07/2026Services
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