10 bed block of flats for sale

19, 20, 21, 22 Victoria Avenue, Wallsend, Tyne And Wear NE28

For sale by online auction on Tuesday, 11 Nov 2025 ending at 13:02

Freehold Block of Four Flats – Excellent Refurbishment Opportunity

A superb investment opportunity comprising four self-contained flats, all held on one freehold title, situated within a traditional brick-built terraced property in a popular residential location close to Wallsend town centre and transport links.

The property offers fantastic scope for refurbishment and capital appreciation. Three of the flats (Nos. 20,21 & 22) have been inspected, with floorplans and photographs provided, each requiring full modernisation throughout. The fourth flat (No. 19) is boarded up and could not be accessed, but is assumed to be a three-bedroom flat in a similar condition, requiring complete renovation.

Once refurbished, the flats would make excellent buy-to-let investments, offering strong rental potential or resale value as individual units.

Accommodation Summary (approximate):

Flat 19 – Not inspected. Assumed 3 Bedrooms, Living Room, Kitchen, Bathroom. In need of full renovation.

Flat 20 – 2 Bedrooms, Living Room, Kitchen, Bathroom. Approx. 67 m2.

Flat 21 – 2 Bedrooms, Living Room/Dining Area, Kitchen, Bathroom. Approx. 55 m2.

Flat 22 – 3 Bedrooms, Living Room, Kitchen, Bathroom. Approx. 69 m2.

Total combined area (approx.): 266 m2

Tenure: Freehold

EPC Ratings: Various (see legal pack)

Notes:

The flats are sold as seen. Some areas of the property are in poor condition and will require comprehensive refurbishment. Buyers are advised to satisfy themselves regarding accommodation details, condition, and potential rental income.

Ideal for:

Investors, developers, or landlords seeking a refurbishment project with strong yield potential in the Wallsend area.Tenure: FreeholdEPC Rating: 19 - D (expired). 20 - D. 21 - F. 22 - C.

Portrait Video Tour
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Additional Fees
Administration Charge - £3,600 inc vat payable upon the fall of the virtual gavel

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.