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Terrier Close, Bedlington

PROPERTY TYPE

Semi-Detached

BEDROOMS

2

BATHROOMS

1

SIZE

786 sq ft

73 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Two Bedroom Semi-Detached
  • Refurbishment Project
  • EPC Rating C
  • Investment Potential
  • Large Rear Enclosed Garden

Description

NGU Homes are pleased to bring to the market this two-bedroom semi-detached house on Terrier Close, presenting an attractive opportunity for buy-to-let investors seeking a long-term rental investment in Bedlington. The property is offered at a price reflecting the refurbishment required. Once the necessary works have been completed, it has the potential to achieve approximately £695 per calendar month. This would generate a potential gross rental yield of approximately 10%.

Refurbishment Opportunity:

This property would benefit from updating and refurbishment, with the asking price set accordingly to allow the incoming buyer scope to renovate to their own taste and specification, whether for onward sale, letting, or as a long term family home.

Well connected Bedlington location:

The property is conveniently placed within easy reach of local amenities. Bedlington town centre is approximately a 3 minute drive away, while Bedlington railway station is also roughly around a 3 minute drive, offering regular services on the Northumberland Line into Newcastle. Wansbeck General Hospital is approximately a 10 minute drive, and Ashington town centre is roughly a 9 to 10 minute drive. Newcastle city centre itself is approximately a 25 to 30 minute drive, making this a well placed base for commuters as well as those wanting easy access to local amenities.

EPC rating C:

The property currently benefits from an EPC rating of C, providing a good level of energy efficiency for prospective homeowners and investors.

Upon entering, you are welcomed into a spacious living room featuring a fireplace and French doors opening onto the rear garden. Although currently in need of modernisation, the room offers plenty of potential to create a comfortable and inviting living area.

An arched opening connects the living room to a dedicated dining area, which continues through to the kitchen. The kitchen is fitted with a range of cream gloss wall and base units, contrasting worktops and partially tiled splashbacks, providing a well-proportioned and practical space.

To the first floor, the property offers two bedrooms, both requiring further updating, along with a family bathroom comprising a corner bath, wash basin and WC.

Externally, the property benefits from a garden to the front and to the rear, currently overgrown and in need of clearance, along with off road parking to the front.

Council Tax Band: A (Northumberland Council)
Tenure: Freehold

Brochures

Brochure
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.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Front garden,Rear garden
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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Terrier Close, Bedlington

Approximate location

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Affordability

Monthly repayments£403
Property: £ 79,950
Deposit: £ 7,995
Interest rate: 5.37%
Term: 30 years
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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.
Extension potential
Recently sold & under offer
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About NGU HOMES, Gateshead

469-471 Durham Road, Low Fell, Gateshead, NE9 5EX

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Disclaimer - Property reference RS0452. 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 NGU HOMES, Gateshead. 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.

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