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2 Bed Flat, Refurb/BRRR, Bedlington, NE22 5BY £55,000

Millbank Terrace, Bedlington, NE22 5BY - 1 views - 2 months ago
  1. Deal Search
  2. Bedlington
  3. NE22
  4. NE22 5BY
Leasehold
Refurb/BRRR
ROI: 4%
~68 m²

ValuationFair Value

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Links

  • More Deals in Bedlington
  • More Deals in NE22
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  • More Refurb/BRRR Deals in NE22

Property History

Listed for £55,000

October 23, 2025

Description

  • Two bedrooms two reception rooms +
  • No onward chain +
  • In need of updating +
  • Spacious room sizes +
  • Close to the town centre +
  • Ideal investment +
  • EPC C +
  • Council tax band A +
  • Leasehold - 999 years from 15 June 1990 +

Available with no onward chain this first floor flat is an ideal investment for those looking for a refurbishment project. Currently a two bedroom/two reception property this could easily be made in to a three bedroom/1 reception should you prefer. With spacious room sizes the property is well located near Bedlington town centre and only a short distance from Bedlington station for those needing good road and rail links. Early viewings are advised.

Entrance
UPVC entrance door. 
Entrance Hallway 
Stairs to first floor landing. 
Dining Room 14’05ft x 12’04ft max (4.26m x 2.65m) 
Double glazed window to rear, gas fire.
Lounge 13’04ft x 14’05ft (3.96m x 4.26m) 
Double glazed bay window to front, double radiator, coving to ceiling. 
Kitchen 9’06ft x 6’01ft (2.74m x 1.82m) 
Double glazed window to rear, fitted with a range of wall, floor and drawer units with co-ordinating roll edge work surfaces, stainless-steel sink unit and drainer with mixer tap, tiled splash backs, built in electric fan assisted oven, electric hob with extractor fan above, integrated fridge freezer, plumbed for washing machine, tiling to floor, door to rear stairs. 
First Floor Landing 
Loft access, single radiator, laminate flooring.
Bedroom Two L Shape 10’01ft x 7’05 (3.04m x 2.14m) 
Double glazed window to front, single radiator, laminate flooring.
Bedroom One 11’01ft x 8’04ft (3.35m x 2.43m) 
Double glazed window to rear, double radiator, laminate flooring. 
Bathroom 5’08ft x 4’10ft (1.52m  x1.21m) 
Double glazed window, shower cubicle (mains shower), wash hand basin, shower cubicle, low level wc, radiator, tiling to floor and walls. 

PRIMARY SERVICES SUPPLY
Electricity: unkown
Water: unknown
Sewerage: unknown
Heating: unknown
Broadband: none
Mobile Signal Coverage Blackspot: No
Parking: on street parking

MINING
The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.  Confirmation should be sought from a conveyancer as to its effect on the property, if any.

TENURE
Leasehold.  It is understood that this property is leasehold. Should you decide to proceed with the purchase of this property, the Tenure and associated details and costs must be verified by your Legal Advisor before you expend costs.
Length of Lease: 999 years from 15 June 1990
No ground rent or service change.
Peppercorn lease.

COUNCIL TAX BAND: A
EPC RATING:  C

Agent Details

Rook Matthews Sayer, Bedlington

01670 332298

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Investment Opportunity

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