3-bedroom flat · NE8 4EP
To rentReduced £70 (−10.1%) on 26 SepListed 36 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to Ripon Street, a spacious three-bedroom upper flat available to rent in the popular residential area of Gateshead, NE8.
Set within a traditional terrace, this well-proportioned property offers characterful accommodation, ideal for families or sharers seeking a comfortable home in a convenient location.
Three Bedrooms: The property offers three bedrooms, including a generous double benefiting from a striking bay window, a second double featuring an attractive cast iron fireplace, and a smaller box room, perfect for use as a nursery, home office, or study.
Character Features Throughout: The property retains character, including original wood flooring and feature fireplaces, adding charm and warmth throughout the accommodation.
Prime Residential Location: Situated within a popular residential area of Gateshead, the property enjoys convenient access to local shops, schools, supermarkets, leisure facilities, and excellent transport links connecting Gateshead, Newcastle, and the wider Tyneside area.
Upon entering the property, stairs lead up to the first-floor accommodation.
The kitchen offers a good range of wood-effect wall and base units, complete with a gas cooker and space for additional appliances. Three bedrooms complete the accommodation.
The principal bedroom is a well-proportioned double, enjoying plenty of natural light from its striking bay window.
The second bedroom is also a generous double, featuring an attractive cast iron fireplace as a charming focal point.
The third bedroom is a versatile box room, ideal as a nursery, home office, or study.
The bathroom is fitted with a bath complete with an overhead shower, wash basin, and WC, finished with stylish tiled walls throughout.
Ripon Street is conveniently located close to a wide range of amenities, including local shops, supermarkets, schools, cafés, and leisure facilities.
Excellent transport links via nearby road networks and public transport routes make commuting throughout Tyneside straightforward and convenient.
This property is available to rent now, and early viewing is highly recommended. This property is available with flatfair's No Deposit solution, so you won't have to pay a traditional deposit.
Instead, you would pay a small check-in fee equal to 28% of a month's rent (+VAT) - significantly less than a five week deposit.
This fee is non-refundable and is not a deposit so cannot be used towards covering the cost of any future damages that might occur. Council Tax Band: A (Gateshead Council) Holding Deposit: £144.23
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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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
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FAQ
About Ripon Street, Gateshead, NE8
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