2-bedroom flat · NE8 2FS
Let agreedListed 119 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modello is an attractive new development in Gateshead.
Located just a short walk away from the Tyne and Newcastle city centre, this development benefits from convenient access to local metro stations and amenities, which is ideal for commuters.
Newly built 2-bedroom apartment that features an open-plan kitchen, dining and living area The two bedrooms are balanced in size, and the first bedroom benefits from an en-suite shower room, while the second bedroom is served by the bathroom located directly across the hallway.
Bedroom 2 would make an inviting guest room or alternatively, a private home office for those embracing the remote working lifestyle.
A storage cupboard in the entrance hallway is a convenient feature for organising coats, shoes and other home essentials. Low deposit scheme available. EPC rating: B.
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.
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 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 Greensfield Close, Ochre Yards, Gateshead, NE8
Explore nearby
