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Goschen Street, Blyth NE24 2 bed terraced house for sale
36 Goschen Street, Blyth, NE24 1NJ
£65,000
36 Goschen Street, Blyth, NE24 1NJ
£65,000
Our Summary
- 97 Beaumont Street, Blyth, NE24 1HL Previously sold for £85,000* This property offers excellent renovation potential, with the opportunity for BRR Strategy
- Sure to appeal to shrewd investors looking for property they can put their own stamp on
- This property is offered at a fantastic price to ensure an Auction sale
- The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
- Investors are drawn by relatively low property prices, solid rental demand, and the long-term uplift expected from projects around the Port of Blyth and the Britishvolt/Gigafactory corridor, which continue to drive confidence in the area's future growth
- This property offers excellent renovation potential, with the opportunity for BRR Strategy
Description
This prime new listing is a vacant 2-bedroom terrace property located in a desirable area of Blyth, offering excellent renovation potential and a strong potential yield. The property, previously sold for £89,000 and £85,000, is being offered at a discounted price to ensure a sale. With its close proximity to schools and local amenities, it's an attractive option for families and investors alike. The property has a yard to the rear and ample storage throughout, and once renovated, it could attract rental income of £600-£650 per month, yielding £7,200-£7,800 per annum. The area is experiencing significant regeneration and investment, making it an attractive option for shrewd investors looking for a straightforward purchase with excellent upside potential.