2-bedroom house · NE11 0BB
To rentListed 40 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Meldon gardens, lobley hill, gateshead £825 pcm | two bedroom house | available immediately A well-presented two-bedroom house in the popular Lobley Hill area of Gateshead, available to move into straight away.
The property offers a comfortable living space, a fitted kitchen, two bedrooms and a bathroom, together with useful outdoor space.
It is well placed for local amenities, schools, transport links and access to Gateshead and Newcastle.
Key details • Rent: £825 per calendar month • Available: Immediately • Property type: Two-bedroom house • Maximum occupancy: Two adults and two dependants • EPC rating: D • Council Tax: Band A • Holding deposit: £190.38 • Tenancy deposit: £951.92 • Balance of first month's rent after holding deposit: £634.62 • Indicative minimum household income: £24,750 per year Guarantor requirement A UK homeowner guarantor is required for every application.
The guarantor must own their home and must be able to provide the required evidence. This requirement applies in all cases.
Viewings To arrange a viewing, please use the Contact Agent button or Request Viewing button on the website where you are viewing this advert.
Please note that all applications are subject to referencing, affordability checks, Right to Rent checks and landlord approval.
Please confirm when all three adverts are live and send me the portal links. Thank you, Jack
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About Meldon Gardens, Gateshead
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