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Myrtle Street, Ashington

North East

£98,000Guide Price

Listed on 25/09/2026

The listing

Property details

Bedrooms
5
Type
Terraced

Description

Offered at auction, this freehold mixed-use property brings together former retail premises and adjoining residential accommodation arranged as a five-bedroom house or flat. The residential part has an entrance hall, living room, kitchen, two bathrooms and five bedrooms, with a rear yard, a lean-to store and a garage that is not accessible. The former shop area is approximately 38.05 square metres and has a stated rateable value of £5,200. The property is vacant and described as requiring modernisation and refurbishment. Buyers may wish to investigate options for improving the existing accommodation or reconfiguring its use, subject to planning and other statutory consents. Viewings are available on request. The sale is subject to the legal pack and special conditions, and an administration charge of £3,600 including VAT is payable on exchange.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

46out of 100
Grade ELow opportunity

Confidence: LOW

This is a substantial mixed-use project: the five-bedroom home sits alongside a separate former retail space, giving a buyer scope to refurbish the accommodation and decide how best to bring both parts into use. The living and bedroom finishes are dated, both pictured bathrooms have older fittings, and the retail interior and rear yard need attention; the £45,000–£85,000 renovation range reflects a full-scale programme rather than a cosmetic update. The brick frontage and roofline appear average in the images, with no definite structural failure evident.

The asking price is £98,000, but floor area is missing, so value against local £/sq ft cannot yet be judged. The score is therefore low overall, with price/value and project condition limiting the opportunity; the mixed-use format and five-bedroom accommodation are the clearest attractions. The listing describes an auction, so this is a guide price, and bidding can take the hammer above the guide, meaning the eventual price may not stay this cheap.

Key opportunities

  • Refurbish the five-bedroom accommodation, updating its dated finishes and reworking the layout to suit a future owner or rental strategy.
  • The separate former retail space gives scope to improve and make use of a second part of the property, subject to inspection and any required consents.
  • Clear and make good the hard-surfaced rear yard as part of improving the property's outdoor space.

Key risks

  • The £45,000–£85,000 works range, worn former retail interior, dated residential finishes and cluttered yard make this a full-gut-scale budget and programme, not a cosmetic refresh.

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Map

Location

Myrtle Street, Ashington
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Transport

Nearest stations

  • Ashington Rail Station

    0.2 miles

    Train · Ashington

  • Bedlington Rail Station

    2.8 miles

    Train · Bedlington Station

  • Pegswood Rail Station

    3.1 miles

    Train · Pegswood

  • Blyth Bebside Rail Station

    3.9 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
£400
Based on a loan of £73,500 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

-2.0% since listed
£98,000£2,000(-2.0%)
20/10/2026
Current price
£100,000Initial listing
24/09/2026

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