2-bedroom flat · NE8 4AJ
To rentListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** STUNNING AND UNIQUE *** Superbly finished to a very high standard, we have the absolute pleasure to advertise this two bedroom upper flat situated on Inskip Terrace within this popular central location.
Available to rent immediately on an unfurnished basis, this property has the best of everything from modern fixtures to neutral decoration throughout.
Briefly comprising of an entrance hallway with stairs leading to the first floor landing, main bedroom with mirrored built in wardrobes, a good sized second bedroom, separate utility area and the family bathroom.
At the heart of the home is a fabulous, open plan lounge/kitchen which has plenty of storage space and comes complete with an island, integrated oven, hob and extractor fan.
The property benefits from UPVC and is warmed via gas central heating. Externally there is an enclosed yard to the rear and on street parking.
Early viewings are highly recommended to avoid disappointment. Entrance Hallway - With stairs leading to the first floor landing area.
Lounge/Kitchen - Fantastic, spacious open plan lounge/kitchen area with a range of recently installed modern wall and base units, island, integrated oven hob and extractor fan, UPVC window overlooking the rear aspect and gas central heating radiator.
Utility Room - Separate utility room with washing machine, sink area, UPVC window overlooking to rear aspect , access to the family bathroom and rear yard.
Family Bathroom - Fully tiled bathroom with a modern 3 piece suite which consists of low level WC, hand basin and bath with shower over.
There is a frosted glass UPVC window for privacy and a gas central heating radiator.
Main Bedroom - Bright and spacious main bedroom with the added benefit of mirrored built in wardrobes, large UPVC window overlooking the front aspect and gas central heating radiator.
Bedroom Two - Airy second bedroom with UPVC window overlooking the front aspect and gas central heating radiator. External Area - Segregated rear yard.
Agent Note - Holding Deposit: To hold this property from other viewings while references are carried out we take one weeks rent as a holding deposit which is off-set against the first months rent.
This one weeks rent will be taken to secure the property and will be held for 15 calendar days (unless otherwise expressly agreed) in order to complete all tenancy documents.
This amount will be attributed to the first month’s rent following the execution of all tenancy documents within the 15 calendar days of receipt of the holding deposit.
This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and/or Deed of Guarantee) within 15 Calendar days Upfront Costs: 1 Months rent to be taken after signing the Tenancy Agreement 5 Weeks rent amount as a damage deposit to be held in a Government approved deposit scheme
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
Agent & docs

FAQ
About Inskip Terrace, Gateshead
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