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25 Waterloo Road, Blyth... Terraced house for sale
25 Waterloo Road, Blyth, Northumberland NE24 1BW
£180,000
25 Waterloo Road, Blyth, Northumberland NE24 1BW
£180,000
Our Summary
- Auction Date Commencing on Monday 29th September at 1pm and ending 24 hours later on Tuesday 30th September at 1pm with Auction House North EastPlease register to bid via our website - auctionhouse
- Substantial Town Centre Freehold Development OpportunityVIEWINGS UPON REQUEST - CALL THE TEAM
- Formerly operating as Victory Amusements, this substantial building now requires full refurbishment throughout, offering huge scope for redevelopment to a variety of uses (subject to the necessary consents)
- -Two upper floors with large open rooms, previously used for ancillary accommodation, now stripped back and providing a blank canvas for future conversion
- ConditionThe property is in need of significant renovation and refurbishment
- Development PotentialGiven its size and layout, the property offers excellent redevelopment prospects, including but not limited to:-Mixed-use scheme with ground floor commercial unit and residential above
- -Conversion to apartments/HMO accommodation (subject to planning)
Description
A substantial three-storey mid-terrace property in the heart of Blyth town centre is up for auction. The property, formerly Victory Amusements, requires full refurbishment throughout and offers huge scope for redevelopment to a variety of uses, subject to necessary consents. The property spans approximately 340 square meters across three floors, with a traditional frontage onto Waterloo Road. While it is in need of significant renovation and refurbishment, the property benefits from generous proportions and natural light at upper levels. The development potential is excellent, with possibilities including a mixed-use scheme, conversion to apartments or HMO accommodation, or continued commercial use such as retail, leisure, office, or hospitality. The property is located in a busy retail and commercial location, close to national and independent retailers, eateries, and community amenities.