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Plessey Road, Blyth

North East

£68,000
Listed on 31/10/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom terraced property in Blyth presents a substantial opportunity for renovation and investment. Currently requiring updates, the home serves as a blank canvas, inviting first-time buyers and seasoned investors alike to reimagine its potential. The interior begins with an entrance hallway that leads into a spacious lounge, which seamlessly connects to a dining area—ideal for family gatherings or casual entertaining. The kitchen, positioned at the rear, offers ample space for configuration and modernization. On the first floor, you'll find two double bedrooms accompanied by a family bathroom, providing the essential living accommodations expected in a home of this size. Externally, the property features a manageable rear yard that includes private off-street parking. This outdoor space enhances the property's appeal while offering possibilities for landscaping or outdoor entertaining. Located near Ridley Park, residents can enjoy easy access to green spaces for leisure activities. The proximity to the beach also allows for scenic coastal walks and weekend outings. Additionally, this property comes with no onward chain, making it an attractive prospect for those looking to invest or move in quickly. Its combination of renovation potential and strategic location positions it well in the market, opening doors for customization that aligns with personal preferences or rental opportunities. Overall, this property represents an excellent chance to create a tailored living space within a community rich in amenities and outdoor options.

Investment Analysis

(NE24 area)
Area Average
£171/sq ft
Avg Rent (weekly)
£167
Avg Yield
5.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
45%
Properties sold annually

Local Market Trend (NE24)

Area prices are rising by +3.4% over the last 12 months
3 year growth: 8.3%
5 year growth: 25.6%
Investment Disclaimer: Analysis based on NE24 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

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Location

Plessey Road, Blyth
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