Auction House / North East
  • For Sale By Unconditional Online Auction
  • Guide Price* : £40,000 - £80,000
  • Bidding Opens 29/09/2025 13:00

1 & 1A George Street, Ashington, Northumberland, NE63 9HJ

Two flats, one freehold – a fantastic investment opportunity in the heart of Ashington.

Open House Viewing - 10am Tuesday 23rd September

Description

Auction House North East are delighted to present this substantial end-terrace property, comprising two self-contained flats (1 & 1A), located on George Street in Ashington. Offering excellent potential for investors, this property provides the opportunity to generate a healthy rental income or refurbish and resell.

Property Layout:

1 George Street (Ground Floor Flat, approx. 59 m²)
-Entrance hallway
-Spacious living room (5.8m x 4.3m)
-Fitted kitchen
-Bathroom
-Large double bedroom (3.1m x 4.1m)

1A George Street (First Floor Flat, approx. 74 m²)
-Hallway and stairs to first floor
-Generous living room (5.5m x 4.3m)
-Fitted kitchen
-Bathroom
-Main bedroom (3.2m x 4.2m)
-Second bedroom (2.2m x 3.2m)

Externally:
The property benefits from a walled front garden and a rear yard, with separate access for each flat.

Investment Potential:

Estimated combined rental income once refurbished: £10,000 – £12,000 per annum (subject to market conditions).

Ideal for buy-to-let investors, landlords looking to expand their portfolio, or those seeking a refurbishment project.

Location:
Situated close to Ashington town centre, the property is within easy reach of local shops, schools, amenities, and public transport links. Road connections via the A189 provide convenient access to Newcastle, Blyth, and the surrounding areas.

Summary:
-Freehold end-terrace property split into two flats
-Vacant possession – refurbishment required
-Strong rental demand in the area
-Excellent investment or resale potential

Tenure: Freehold

EPC Rating: D

Important Notice to Prospective Buyers

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Administration Charge

£3,600 inc vat payable upon the fall of the virtual gavel

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* Guide | £40,000 - £80,000
  • 3 Bedrooms
  • Unconditional (Immediate Exchange)

Call the team on 0191 908 9691 for more information

Legal pack Request more info
Floor plan Floor plan
Unconditional Sale Terms & Conditions
Finance available on this property
Find out more

Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.