3-bedroom flat · NE8 4QY
Let agreedListed 85 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Aidan Property are proud to present this nicely furbished two bed ground floor flat on Saltwell Place, Bensham, Gateshead. The property comprises of three bedrooms, kitchen, reception room, bathroom .
This property has a private back yard. This property is close to local amenities including a number of nearby supermarkets, schools, transport links and shops.
Details are as follows: Down payment: One months rent and a five week bond Does not include bills or utilities. Tenancy: 12 months, recurring contract.
Council Tax: A Local authority: Gateshead If you are interested in this property and would like to arrange a viewing, please fill out the below application form located under 'additional links' and we will be in touch in one working day to arrange a viewing if you meet our requirements.
For any enquiries call Kitchen Kitchen Alternative View Bathroom Living Room Living Room Alternative View Bedroom One Bedroom One Alternative View Bedroom Two Bedroom Three Back Yard
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
Agent & docs
FAQ
About 9, Saltwell Place, Gateshead
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