Guide price
£55,000
3 bed terraced house for saleGladstone Street Lemington, Newcastle Upon Tyne NE15
3 beds
1 bath
Just added
Freehold
About this property
Cash Buyers Only
Estimated £35,000 Refurb Value
Estimated Done Up Value £90,000
18% Yield
High Return Investment
Strong Rental Demand
Proven NE15 with Strong Demand
Easy Access to A1
Cash buyers only. 18% yield based on post-refurb rental. Refurbishment estimated at £35,000.
Spacious three-bedroom terrace in popular Benwell with clear value-add potential. The property offers a through lounge, separate kitchen, ground floor bathroom and three well-sized bedrooms, along with an enclosed rear yard.
Well located for local amenities, schools and strong transport links into Newcastle city centre, supporting consistent rental demand.
Leamington (NE15) is a well-established investment area in West Newcastle, known for steady tenant demand and accessible entry prices. Ideally positioned for the city centre, A1 and Metrocentre, it remains popular with working tenants.
A straightforward investment opportunity with scope to add value. With a modest refurbishment, there is strong potential to increase both rental income and overall property value.
Please note that any systems, appliances, or services shown in the marketing photographs have not been tested by us and will be subject to the fixtures and fittings agreement with the seller.
Once an offer is accepted, a deposit of £6,000 will be required to secure the property in accordance with our terms and conditions. This deposit will be deducted from the final purchase price on completion. In addition, a non-refundable reservation fee of £500 (including VAT) will be payable. This fee is separate from, and not deducted from, the purchase price.
All cash buyers are required to indemnify searches and surveys in line with our terms and conditions.
Spacious three-bedroom terrace in popular Benwell with clear value-add potential. The property offers a through lounge, separate kitchen, ground floor bathroom and three well-sized bedrooms, along with an enclosed rear yard.
Well located for local amenities, schools and strong transport links into Newcastle city centre, supporting consistent rental demand.
Leamington (NE15) is a well-established investment area in West Newcastle, known for steady tenant demand and accessible entry prices. Ideally positioned for the city centre, A1 and Metrocentre, it remains popular with working tenants.
A straightforward investment opportunity with scope to add value. With a modest refurbishment, there is strong potential to increase both rental income and overall property value.
Please note that any systems, appliances, or services shown in the marketing photographs have not been tested by us and will be subject to the fixtures and fittings agreement with the seller.
Once an offer is accepted, a deposit of £6,000 will be required to secure the property in accordance with our terms and conditions. This deposit will be deducted from the final purchase price on completion. In addition, a non-refundable reservation fee of £500 (including VAT) will be payable. This fee is separate from, and not deducted from, the purchase price.
All cash buyers are required to indemnify searches and surveys in line with our terms and conditions.
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