1-bedroom flat · NE10 9TB
Listing removedListed 117 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
MAIN DESCRIPTION Belle Vue Estates are delighted to bring to the market this ground floor flat located on Nursery Lane in Gateshead.
Ideally situated within close proximity to local amenities and transport links, viewings come highly recommended to avoid disappointment.
The accommodation comes warmed via gas central heating and benefits from double glazing.
Internally it briefly comprising of entrance hall, lounge, fitted kitchen with a range of wall and base units, one bedroom and bathroom. Externally there is an enclosed split yard to the rear.
Located in this ever popular residential area with fantastic transport links via A184 Felling bypass, also great public transport links with good bus and Metro routes throughout the area.
The accommodation is in close proximity to local schools, shops, pubs and restaurants. Viewing is highly recommended to avoid disappointment.
ENTRANCE HALL 15' 6" x 7' 0" (4.728m x 2.135m) With cupboard for storage, carpets and central heating radiator.
LOUNGE 14' 8" x 14' 3" (4.481m x 4.345m) Comprising of carpets, central heating radiator, UPVC double glazed window to rear and a door leading through to the fitted kitchen.
KITCHEN 13' 10" x 7' 4" (4.218m x 2.245m) Fitted kitchen with a range of wall and base units complemented by roll top work surfaces, stainless steel sink and drainer with mixer tap, tiled splash backs, integrated oven and hob, free standing fridge freezer, washing machine, laminate flooring, wall mounted combi boiler and a UPVC double glazed window.
BATHROOM 7' 6" x 6' 11" (2.288m x 2.123m) Comprising of a white three piece suite, including a bath with over head shower, low level wc, pedestal wash hand basin, central heating radiator, double glazed windows with privacy glass, partially tiled walls and vinyl flooring.
BEDROOM 14' 0" x 7' 4" (4.280m x 2.243m) Good sized room with a central heating radiator, carpeted flooring and a UPVC double glazed window. EXTERNALLY With a split yard and on street parking.
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 Nursery Lane, Felling Central, Felling, Gateshead
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