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See how verdicts work3-bedroom flat · NE10 9HY
Listing removedListed 228 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Step onto the property ladder with this beautifully refurbished three bedroom first floor flat, perfectly suited to first time buyers looking for a stylish home that is ready to move straight into.
Situated on Clarke Terrace in Gateshead, this attractive stone-built property has been thoughtfully updated throughout, offering bright and spacious accommodation with modern finishes, neutral décor and new flooring.
The result is a welcoming home that allows the next owner to simply unpack and enjoy. Accessed via its own entrance, the property opens to a hallway with stairs leading to the first floor landing.
The accommodation includes a generous lounge/diner which provides a comfortable and versatile living space, ideal for both relaxing and dining.
To the rear, the modern fitted kitchen features contemporary units, sleek work surfaces and integrated cooking appliances, creating a practical and stylish space for everyday living.
The recently refurbished bathroom has been finished to a high standard and includes a modern suite with bath, overhead rainfall shower, vanity unit and contemporary fittings.
The flat offers three bedrooms.
The spacious principal bedroom provides ample room for a double bed and additional furniture, while the second bedroom is well suited as a guest room or additional double.
The third bedroom offers flexibility as a nursery, home office or dressing room, perfect for modern lifestyles.
Externally, the property benefits from access to a shared rear yard, providing useful outdoor space for seating or storage.
Clarke Terrace is located within a well-established residential area of Gateshead with excellent access to local shops, schools, amenities and transport links, making it ideal for commuters travelling to Newcastle and surrounding areas.
With its attractive presentation, generous layout and move-in ready condition, this charming first floor flat presents an excellent opportunity for first time buyers. Early viewing is highly recommend
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 Clarke Terrace, Gateshead
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