We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · NE8 4JH
For saleReduced £10k (−11.1%) on 30 SepListed 182 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented two-bedroom ground floor flat, ideally suited to first-time buyers, investors, or those looking to downsize, offering comfortable and well-proportioned accommodation in a convenient residential setting.
The property is approached via a welcoming entrance lobby which leads into a hallway providing access to the lounge and bedrooms.
The living accommodation includes a spacious lounge, thoughtfully positioned to the rear of the property.
This inviting reception room benefits from a focal point fireplace set within the chimney breast, creating a warm and characterful centrepiece to the space, ideal for both relaxing and entertaining.
From the lounge, there is direct access through to a fitted kitchen, offering a range of wall and base units with work surfaces over, providing practical storage and preparation space for everyday living.
The bathroom is fitted with a modern white suite comprising a panelled bath with shower over, a hand wash basin set within a vanity storage unit, and a WC.
There are two well-proportioned bedrooms within the property. The principal bedroom is situated to the front and enjoys an attractive bay window.
This room is further complemented by traditional style decorative coving to the ceiling and an elegant central ceiling rose, adding a touch of period charm and character.
The second bedroom is also of a good size, making it suitable as a guest room, home office, or additional sleeping accommodation depending on individual needs.
The location is particularly appealing, being well placed for access to a range of local shops, amenities, and everyday services.
Transport links provide connectivity to surrounding areas and making it an ideal base for commuters.
EPC Rating: C Lounge (4.49m x 3.51m) Kitchen (2.88m x 2.31m) Bathroom (2.27m x 1.06m) Bedroom One (4.21m x 3.55m) Bedroom Two (3.46m x 2.19m) Property Information Local Authority: Gateshead Flood Risk: This property is listed as currently having a very low risk of flooding although we have not seen any legal written confirmation to be able to confirm this.
Please contact the branch if you have any queries in relation to the flood risk before proceeding to purchase the property.
TV and Broadband: BT, Sky – Basic, Superfast, Ultrafast in the area Mobile Network Coverage: EE, Vodafone, Three, O2 in the area Please note, we have not seen any documentary evidence to be able to confirm the above information and recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property.
Recording Devices Please be aware that some properties may be equipped with CCTV, video doorbells, or other recording devices (including internal audio/video surveillance) for security purposes.
While viewings are conducted in private homes, we ask that all attendees respect that the property owner may choose to monitor or record access to their home.
If you have any concerns regarding this, please speak to a member of our team prior to your appointment.
We have advised all vendors that any recording during viewings should be disclosed and used strictly for personal purposes only, in accordance with data protection and privacy laws.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
.png)
FAQ
About 127 Avenue Road, Gateshead
Explore nearby