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Terrier Close, Bedlington

North East

£79,950

Listed on 03/10/2026

The listing

Property details

Bedrooms
2
Type
Semi Detached
Area
786 sqft

Description

NGU Homes presents this two-bedroom semi-detached house on Terrier Close, an appealing prospect for buy-to-let investors looking for a long-term rental opportunity in Bedlington. The property is priced to reflect the refurbishment required, allowing the new owner to customize it to their preferences. Once renovated, it has the potential to achieve approximately £695 per calendar month, translating to a gross rental yield of around 10%. This home requires updating and refurbishment, making it suitable for various purposes, whether for resale, letting, or as a long-term family residence. Conveniently located, Bedlington town centre is just a three-minute drive away, and Bedlington railway station provides regular services into Newcastle. Nearby amenities include Wansbeck General Hospital and Ashington town centre, both within a short drive. The property boasts an EPC rating of C, indicating good energy efficiency. Upon entry, you are welcomed into a spacious living room featuring a fireplace and French doors leading to the rear garden. While the room needs modernisation, it offers ample potential for creating a comfortable living space. An arched opening connects the living room to a dedicated dining area, which flows into the kitchen equipped with cream gloss units and contrasting worktops. On the first floor, there are two bedrooms that also require updating, along with a family bathroom featuring a corner bath. Externally, the property includes front and rear gardens that need clearance, alongside off-road parking at the front.

WHOTS analysis

Our WHOTS verdict

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

60out of 100
Grade CPotential opportunity

Confidence: MEDIUM

This two-bedroom semi-detached house on Terrier Close is a compelling buy for investors looking for a renovation project. Priced at £79,950, this property is well below the local average price per square foot, presenting a unique opportunity to acquire a home that can be transformed into a rental asset with significant potential. The spacious living room and dedicated dining area provide a solid foundation for modernisation, and the kitchen, while functional, could benefit from some updating to enhance its appeal.

However, the property does require extensive refurbishment, with substantial signs of neglect visible throughout. The bedrooms, bathroom, and garden all need clearing and updating, making this a full-gut programme rather than a light refresh. Despite these challenges, the potential for a good rental yield of approximately £695 per month post-renovation offers a solid incentive for buyers willing to invest in the necessary works.

Key opportunities

  • Transform the spacious living area into a modern, inviting space, enhancing its rental appeal.
  • Update the kitchen and bathroom to suit contemporary tastes, boosting overall value.
  • Clear the overgrown garden to create an outdoor space that can be enjoyed or used as a functional area.

Key risks

  • Stripped interiors and a £40,000–£80,000 works budget make this a full-gut programme, not a refresh.

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Map

Location

Terrier Close, Bedlington
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Finance

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Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£302
Based on a loan of £59,962 over 30 years at 4.45% 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.

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