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Victoria Terrace, Bedlington NE22 - Image 1
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Victoria Terrace, Bedlington NE22

North East

£45,000
Listed on 12/04/2026

Property Details

Bedrooms
2
Type
Flat

Description

This ground floor flat presents a promising opportunity for first-time buyers or investors looking to enter the rental market. Situated in the sought-after residential area of Bedlington, the property offers a spacious layout that includes a lounge, two bedrooms, a dining room, kitchen, and bathroom. While it does require modernisation, the existing structure is sound and provides ample space to work with. The shared rear yard adds communal outdoor space. Notably, this flat is leasehold with an impressive remaining term of 999 years. It features basic amenities but would benefit from updates in terms of décor and fixtures. Viewing is encouraged to fully appreciate the potential this property holds.

Investment Analysis

(NE22 area)
Area Average
£182/sq ft

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
18
Average per month
Market Turnover
38%
Properties sold annually

Local Market Trend (NE22)

Area prices are rising by +5.7% over the last 12 months
3 year growth: -0.4%
5 year growth: +24.1%
Investment Disclaimer: Analysis based on NE22 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.

Location

Victoria Terrace, Bedlington NE22
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£159
Based on a loan of £33,750 over 30 years at 3.91% 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.

Stamp Duty Calculator

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