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See how verdicts work2-bedroom flat · NE24 1JN
Listing removedListed 320 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Auction Commencing on Monday 12th January at 1pm and ending 24 hours later on Tuesday 13th January at 1pm with Auction House North East Please register to bid via our website - auctionhouse.co.uk/northeast A Blank Canvas with Big Potential in the Heart of Blyth.
Guide £10,000 - £20,000.
Open House Viewing Date (no need to book) Tuesday 16th December 2 -2.30pm NEW VIEWING DATES** Tuesday 6th January 3PM Friday 9th January 2PM FOR SALE BY ONLINE AUCTION – Auction House North East Address: 143 Salisbury Street, Blyth, NE24 1JN Ideal Investment or Refurbishment Opportunity A two-bedroom first-floor flat situated in a traditional brick-built terrace, offering excellent potential for investors, landlords, or buyers looking for a refurbishment project.
Positioned in a popular residential area close to local amenities, transport links, and Blyth town centre, this property represents an affordable entry point with strong rental demand in the area.
The accommodation is arranged over the first floor and features a private ground-floor entrance leading up to a spacious layout of approximately 55 m².
Inside, the property comprises: Good-sized living room (3.6m x 4.2m) with large window and generous floor space Main double bedroom and second bedroom, both with natural light Kitchen (2.2m x 3.0m) positioned at the rear Bathroom with bath, WC, and radiator Landing and internal hall areas offering storage options The flat requires refurbishment throughout, offering scope to add value.
With cosmetic improvements and modernisation, it has the potential to achieve a strong rental yield or resale uplift.
Located within walking distance of local shops, schools, bus routes, and commuter links, Salisbury Street remains a highly lettable and convenient location for tenants.
Key Features Two-bedroom first-floor flat Vacant and ready for refurbishment Strong rental potential in an established residential area Close to Blyth town centre and transport links Ideal buy-to-let or resale investment To be sold by online auction Buyer information: A legal pack will be available prior to bidding.
Buyers should satisfy themselves regarding the property’s condition and any required works. Fees may apply—please consult the auctioneer’s terms.
Tenure: Leasehold EPC Rating: C Administration Fee: £3600 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 143. Salisbury Street, Blyth, Northumberland NE24 1JN
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