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One-Bedroom Ground Floor Flat Located in Wallsend
Address
See address
Auction date
28 Oct 2026
Guide price
£20,000
Type
Flat
Tenure
Leasehold
EPC Rating
Unknown
Status
Upcoming
Description
This one-bedroom ground floor flat, situated in the heart of Wallsend, presents an excellent opportunity for investors or potential homeowners. The property requires refurbishment throughout, granting the new owner a chance to customize the space to their taste. With vacant possession included, this unit is perfect for those looking to add value through renovations.
- One-bedroom layout
- Tyneside lease
- Strong potential rental yield of 22.9%
- Estimated annual rental income of £7,800 once refurbished
- Open Market Value of £68,000
- Schedule for unconditional auction
Located in Wallsend, the flat is surrounded by essential amenities and transport links, providing convenience for both residents and tenants. This auction presents a noteworthy investment opportunity, ideal for those seeking to expand their property portfolio.
Last update: 12 Oct 2026
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