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See how verdicts work2-bedroom flat · NE11 9SR
For saleListed 1 dayAuction 19 Nov · in 21 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FOR SALE BY ONLINE AUCTION ENDING 20TH NOVEMBER 2026 AT 12:00PM. THE PROPERTY IS SOLD UNDER UNCONDITIONAL AUCTION TERMS AND CONDITIONS.
This modern two-bedroom, two-bathroom flat offers contemporary living within a well-maintained apartment building.
The property features a spacious open plan living area with large windows and wood flooring, creating a bright and inviting atmosphere ideal for both relaxation and entertaining.
The sleek kitchen is equipped with integrated appliances, modern cabinetry, and ample storage, making it both functional and stylish.
Both bedrooms are generously sized, with abundant natural light, while the bathrooms include a walk-in shower and a separate bathtub.
Additional benefits include the property being sold as seen with all contents and convenient off-road parking with designated spaces, ensuring easy access for residents and guests.
The building’s contemporary design is complemented by landscaped surroundings.
Neutral décor throughout the flat provides a fresh and versatile backdrop, while modern lighting fixtures add a touch of sophistication.
A versatile additional room, filled with natural light, is perfect for use as a home office or creative workspace.
This property delivers both style and practicality in a welcoming residential setting, making it an excellent choice for professionals, couples, or small families seeking comfort and convenience.
Terms & Timescales This property is being sold subject to unconditional purchase premium auction terms and conditions. Immediate exchange of contracts. Completion must take place within 28 days.
Legal Pack A legal pack is available for this property.
We strongly advise all potential bidders to thoroughly read through the legal pack prior to bidding, paying particular attention to the special conditions.
If you are unsure of anything contained within the pack, please consult a legal representative.
Deposit In order to secure the purchase a buyer will pay a deposit of 5% (subject to a minimum of £3,600) which contributes towards the overall purchase price of the property.
The deposit is non-refundable. Buyer Fees This property is sold subject to a non-refundable purchase premium of 2.4% inc VAT, subject to a minimum of £3,600 inc VAT.
This does not form part of the purchase price.
More Information For further information please contact our auction department on or email ONLINE AUCTION NOTICE I hereby acknowledge and confirm the following: Once placed, my bid cannot be withdrawn and will stand until 2 hours after the auction closes.
My bid may be accepted by the seller at any time before the close of the auction. I have read and understood the terms of the auction and my bid is placed accordingly.
I have read and understood the legal pack applicable to this property and I understand that I am bound by the special conditions contained within.
If my bid is successful at any point from now until up to 2 hours after the auction closes, I shall be bound by the lot terms and conditions as advertised online.
EPC Rating: C Kitchen / Living Area 5.66m x 5.81m Hallway 2.14m x 2.54m Bathroom 2.12m x 2.67m Bedroom 2.25m x 5.58m Bedroom 3.32m x 4.04m En Suite 0.75m x 2.96m Parking - Allocated parking
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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
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FAQ
About Palatine Place, Gateshead, NE11
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