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See how verdicts work3-bedroom terraced house · NE10 8LU
Listing removedListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Overlooking open playing fields and offering spacious accommodation throughout, this well-presented three-bedroom home is an excellent opportunity for first-time buyers, growing families and investors alike.
With generous room sizes, and a sought-after position, this property is ready to move into while still offering scope to add your own style over time.
The accommodation opens into a bright and spacious kitchen/diner which provides an excellent social hub for everyday living.
The room offers ample space for dining and benefits from useful under-stair storage along with access to a convenient ground floor WC.
To the rear, the impressive living room spans the width of the property and enjoys an abundance of natural light from the large window and patio doors overlooking the garden.
The generous proportions make it an ideal space for relaxing and entertaining.
The first floor offers three well-proportioned bedrooms, including two comfortable doubles and a good-sized single bedroom that could also be used as a nursery or home office.
The family bathroom is particularly spacious and features a contemporary suite with corner bath and attractive tiling.
Externally, the property enjoys one of its standout features – an enviable position directly opposite open playing fields, creating a pleasant outlook and a greater sense of space.
The front garden is low maintenance, while the enclosed rear garden provides a combination of decking and gravelled areas, offering an ideal space for outdoor seating and entertaining.
Leam Lane is a popular residential area well placed for a range of local amenities, supermarkets, schools and leisure facilities.
Excellent transport links provide easy access to Gateshead, Newcastle city centre, Team Valley and the A1 motorway, making it an ideal base for commuters.
The nearby open green spaces, parks and recreational facilities add further appeal for families and outdoor enthusiasts.
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
Agent & docs

FAQ
About Oakwood, Gateshead
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