1-bedroom house · NE9 5PZ
To rentListed 443 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Castles & Coasts Housing Association (CCHA) owns and manages more than 7,000 homes across the North of England. CCHA is proud to offer apartments to rent within Independent Living schemes.
We are committed to providing excellent services, which are convenient to residents' needs.
These services include dedicated on-site Wellbeing & Compliance Assistants, Careline for 24hr emergency response service, and a 24/7 repairs service.
CCHA are delighted to welcome to the market this one bedroom first floor apartment at Brownsea Place, suitable for a single person household aged 55+.
The property comprises: * Entrance hallway * Wet room shower, wash hand basin, and toilet * 1 single bedroom * Modern fitted kitchen * Bright and cosy living room Viewing is highly recommended for this property.
Incentives available.
The scheme benefits from: * Secure door entry system * Dedicated on-site Wellbeing & Compliance Assistant * Careline - 24hr emergency response service * Welcoming communal lounge and kitchen with regular resident gatherings and meals * Laundry facilities * Residents' quiet rooms * Level access / lifts * Extensive communal garden * Ample on street parking * Communal areas cleaned regularly The location offers: * 5 minutes walk to bus stops for regular bus services to Gateshead High Street and Newcastle city centre, and Metrocentre.
* Tesco Express and Heron Foods are within 10-15 minutes walking distance. Short 6 minutes commute to Asda Supermarket, local GP surgeries, and Queen Elizabeth Hospital.
* Close to Saltwell Park and Windy Nook Nature Park for open green spaces * Local pubs, restaurants, and take-aways in surrounding area * 2.5 miles to Newcastle Quayside Restrictions for this property * Exclusively for people ages 55yrs + * You cannot keep any pets or animals in your home without prior written permission * Affordability assessment required Information about renting from CCHA This property will be allocated in accordance with CCHA's Lettings Policy.
For more details about the application process please visit the Castles and Coasts' website.
All offers are based on submission of a suitable landlord's reference or character reference and a successful affordability assessment.
Due to changes as a result of the Welfare Reform Act, preference will be given to households who fully occupy or can demonstrate that they are financially able to afford the property.
No deposit is required, however a payment in advance is payable at sign up depending on your payment method and frequency.
If you are interested or would like further information, please contact our Customer Service Team.
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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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
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FAQ
About Brownsea Place, Sheriff Hill,Gateshead, Tyne And Wear, NE9
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