Available through online auction, this two-bedroom terraced home in Ashington presents a solid investment opportunity. The property spans approximately 88 m2 and features a layout that includes a Living Room and Kitchen on the ground floor, while the first floor hosts two Bedrooms and a Family Bathroom. Currently tenanted, the property generates a monthly rental income of £440, with potential for an increase to align with market rates estimated at £600 per month.
The surrounding area is well-regarded among young professionals and tenants due to its strong transport links and proximity to employment hubs. This makes it an attractive option for both rental and resale strategies. With adjacent properties reportedly achieving around £70,000 post-modernisation, there is evident demand for refreshed homes in this locality.
Externally, you'll find a rear garden along with on-street parking options nearby. As no internal inspection has been conducted by the auctioneers, prospective buyers are encouraged to conduct their own investigations prior to bidding. With the right refurbishment efforts, this property could yield significant returns either as a rental asset or through resale.