2-bedroom semi-detached house · NE10 0RE
For saleListed 8 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two‐bedroom semi‐detached home with modern upgrades and a standout garden retreat This beautifully presented two‐bedroom semi‐detached home on King Street, in the popular Pelaw area of Gateshead, offers an ideal first step onto the property ladder.
With stylish modern upgrades, a practical layout and excellent access to shops, schools and transport links, it’s a home that makes everyday living easy.
Inside, the property features a contemporary new fitted bathroom, a bespoke media wall that creates a sleek focal point in the living room, and a boarded loft space with fitted ladder providing valuable additional storage.
The main bedroom benefits from fitted wardrobes, offering both convenience and a premium feel.
Each room has been thoughtfully finished, giving buyers the chance to move straight in while still having scope to add their own personal touch.
The real surprise, however, is waiting in the rear garden. Alongside the low‐maintenance outdoor space sits a fully equipped garden room, complete with electricity and its own WC.
Whether you imagine relaxed evenings with friends, a dedicated bar or clubhouse, a place to watch the match, or simply your own private retreat, this versatile space gives the home a unique personality rarely found at this price point.
With its modern interior upgrades, practical location and exceptional outdoor feature, this property offers first‐time buyers something genuinely different - a move‐in‐ready home with standout character.
Property Ownership Information Tenure Freehold Council Tax Band A Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required.
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
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FAQ
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