2-bedroom flat · NE8 3XD
To rentReduced £25 (−3.2%) on 31 AugListed 69 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to bring to the rental market this newly renovated two-bedroom upper flat, situated on Caris Street in the popular Deckham area of Gateshead.
The property has recently undergone refurbishment and is presented in a fresh, modern and neutral finish throughout, making it an ideal home for tenants looking for a property ready to move straight into.
Internally, the accommodation benefits from a spacious and bright living area, finished with fresh neutral décor and new grey carpeting.
Large windows provide plenty of natural light, creating a comfortable and welcoming main living space.
The property offers two bedrooms, both freshly decorated and carpeted, providing flexible accommodation suitable for a couple, small family or those requiring a second bedroom for guests or home working.
A particular feature of the property is the newly fitted modern kitchen, finished with contemporary grey shaker-style units, wood-effect worktops and modern fittings.
The kitchen includes an integrated oven, electric hob and extractor hood, stainless-steel sink and generous cupboard and worktop space.
The property also benefits from gas central heating, modern flooring and a clean, neutral finish throughout following the recent renovation.
Caris Street is conveniently positioned within Deckham, Gateshead, providing straightforward access to Gateshead town centre and Newcastle city centre.
The surrounding area offers a range of everyday amenities, shops, schools and public transport connections, with good access to the wider road network.
Key Features ● Two-bedroom upper flat ● Newly renovated throughout ● Modern newly fitted kitchen ● Spacious living accommodation ● Fresh neutral décor ● New grey carpets ● Gas central heating ● Excellent access to Gateshead and Newcastle ● Close to local amenities and transport links ● Available to rent Early viewing is highly recommended to appreciate the standard of accommodation on offer.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
Agent & docs
FAQ
About 30, Caris Street, Gateshead
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