2-bedroom house · NE8 3UD
Sold STCListed 119 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautifully presented, this attractive two bedroom mid terrace home will appeal to first time buyers, downsizers and investors alike.
Conveniently positioned for access to a range of local amenities, schools and transport links, the property offers practical living space over two floors.
The accommodation is entered via a welcoming entrance porch, leading through to an attractive living room.
This inviting reception space benefits from attractive inset shelving, creating both a focal point and useful display storage, while providing a comfortable setting for everyday living and entertaining.
An inner hallway leads through to the kitchen, which is fitted with a range of wall and base units complemented by built-in cooking appliances and ample work surfaces.
The kitchen also provides direct access to the rear garden, making it ideal for indoor-outdoor living during the warmer months.
To the first floor, there are two well-proportioned bedrooms, both tastefully decorated and offering comfortable accommodation.
Completing the first floor layout is a family bathroom, fitted with a white suite comprising a panelled bath with overhead shower, wash hand basin and WC.
Externally, a driveway to the front provides valuable off street parking.
The enclosed rear garden has been designed with ease of maintenance in mind and features a paved patio area, creating the perfect space for outdoor dining, entertaining guests or simply relaxing.
A summer house and separate shed provide excellent additional storage and offer versatile space for hobbies and leisure.
Property Information Local Authority: Gateshead Flood Risk: This property is listed as currently having 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, Virgin and Sky - Basic, Superfast, Ultrafast Mobile Network Coverage: EE, Vodafone, Three, O2 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
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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 advisors 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
FAQ
About 60 Hendon Road, Gateshead
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