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See how verdicts work3-bedroom flat · DH3 1EA
Listing removedListed 55 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Appealing to first time buyers, young professionals and investors alike, this well presented three bedroom first floor flat offers spacious and versatile accommodation, ideally situated within a popular and established residential location.
The property is conveniently placed for access to a range of local shops, everyday amenities and transport links, making it an excellent choice for those seeking both comfort and convenience.
The accommodation is approached via an entrance hallway, providing access to the main living areas and featuring a staircase leading to the first floor landing.
The landing gives access to all principal rooms. To the rear of the property is a well-proportioned lounge, providing a comfortable space for relaxing and entertaining.
The room benefits from access through to the kitchen, which is fitted with a range of modern wall and base units, complemented by work surfaces and incorporating built-in cooking appliances.
The kitchen provides a practical and functional space for everyday living, with further access leading through to the bathroom. The bathroom is fitted with a white suite.
The property benefits from three well-proportioned bedrooms, offering flexibility to suit a variety of needs.
The principal bedroom is positioned to the front aspect and is particularly generous in size, providing ample room for a range of bedroom furniture.
The additional bedrooms could be utilised as children's rooms, guest accommodation, a home office or dressing room, depending on the purchaser's requirements.
Overall, this attractive property represents a wonderful opportunity for those looking to take their first step onto the property ladder, as well as investors seeking a potentially appealing addition to their portfolio.
Its combination of three bedrooms, well-presented accommodation and convenient location makes it worthy of closer inspection.
Early viewing is highly recommended to fully appreciate the accommodation and position on offer.
EPC Rating: C Lounge (4.21m x 3.90m) Kitchen (2.89m x 1.75m) Bathroom (2.49m x 1.70m) Bedroom One (4.05m x 3.58m) Bedroom Two (4.22m x 2.09m) Bedroom Three (2.99m x 2.36m) 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 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.
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FAQ
About 37 George Street, Chester Le Street
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