Maple Street, Ashington, Northumberland, NE63 0BL
North East
£55,000Guide Price
Listed on 11/10/2026
Listed on 11/10/2026
The listing
Property details
Bedrooms
3Type
TerracedFeatures
- Garden
- Parking
- Tenanted
Description
Offered at auction, this freehold three-bedroom terraced house in Ashington is currently let at £561 per calendar month. The accommodation comprises a living room, kitchen, three bedrooms and a bathroom. Gas central heating and double glazing are stated, and the property has an EPC rating of D. A front garden and on-street parking to the rear are also noted. The listing describes the property as requiring updating, making its condition and any improvement requirements points for a buyer to assess. The sale is subject to auction terms and fees, with further details and the legal pack available through the auctioneer.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
41out of 100
Grade ELow opportunity
Confidence: LOW
At £55,000, this three-bedroom freehold in Ashington is being sold as a tenanted investment, currently let at £561 per month. The listing says it needs updating, but the single photo only shows the front elevation: its lower rendered wall has staining and patchy discolouration, so the cause is worth investigating before making good. The frontage otherwise appears generally intact, with no clear major roof defect visible from this angle.
The floor area is missing, so value versus local £/sqf cannot yet be judged. Interior condition is also not visible in the submitted photo, making the scope of any improvements uncertain; the 41/100, grade E score reflects those limits and elevated risk rather than a confirmed extensive refurb.
Key opportunities
- Existing tenancy and stated rent of £561 per month offer an income-led starting point for an investor.
- Updating the property could create scope to improve its presentation and appeal, subject to confirming the interior condition.
- The visible frontage appears generally intact; investigating the lower-wall staining may clarify the work needed to refresh its appearance.
Key risks
None recorded.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£208
Based on a loan of £41,250 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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