1 & 1A George Street, Ashington, Northumberland NE63 9HJ
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
3
- BATHROOMS
2
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Description
Auction Commencing on Monday 29th September at 1pm and ending 24 hours later on Tuesday 30th September at 1pm with Auction House North East
Please register to bid via our website - auctionhouse.co.uk/northeast
Two flats, one freehold – a fantastic investment opportunity in the heart of Ashington.
Open House Viewing - 10am Tuesday 23rd September
Auction House North East are delighted to present this substantial end-terrace property, comprising two self-contained flats (1 & 1A), located on George Street in Ashington. Offering excellent potential for investors, this property provides the opportunity to generate a healthy rental income or refurbish and resell.
Property Layout:
1 George Street (Ground Floor Flat, approx. 59 m²)
-Entrance hallway
-Spacious living room (5.8m x 4.3m)
-Fitted kitchen
-Bathroom
-Large double bedroom (3.1m x 4.1m)
1A George Street (First Floor Flat, approx. 74 m²)
-Hallway and stairs to first floor
-Generous living room (5.5m x 4.3m)
-Fitted kitchen
-Bathroom
-Main bedroom (3.2m x 4.2m)
-Second bedroom (2.2m x 3.2m)
Externally:
The property benefits from a walled front garden and a rear yard, with separate access for each flat.
Investment Potential:
Estimated combined rental income once refurbished: £10,000 – £12,000 per annum (subject to market conditions).
Ideal for buy-to-let investors, landlords looking to expand their portfolio, or those seeking a refurbishment project.
Location:
Situated close to Ashington town centre, the property is within easy reach of local shops, schools, amenities, and public transport links. Road connections via the A189 provide convenient access to Newcastle, Blyth, and the surrounding areas.
Summary:
-Freehold end-terrace property split into two flats
-Vacant possession – refurbishment required
-Strong rental demand in the area
-Excellent investment or resale potential
Tenure: Freehold
EPC Rating: D
Administration Fee: £3600 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
1 & 1A George Street, Ashington, Northumberland NE63 9HJ
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About Auction House, Auction House North East
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Visit our security centre to find out moreDisclaimer - Property reference 202509101235sq_5y5b. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House, Auction House North East. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House, Auction House North East on 01642 049800.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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