2-bedroom flat · NE8 3PG
Sold STCListed 189 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Belle Vue Estates are pleased to offer to the sales market this two bedroom first floor flat. This property is conveniently located on Moore Street Villas in Gateshead.
The property benefits from a range of features including double glazing throughout, gas central heating and secure off street parking.
The property itself briefly comprises of an entrance hallway with stairs rising to the first floor landing, substantial sized living room, fitted kitchen, two double bedrooms and a family bathroom.
Externally to the rear this wonderful home has a yard with an up and over door providing secure off street parking.
ENTRANCE PORCH 5' 10" x 4' 5" (1.783m x 1.364m) Access comes via a UPVC door into an entrance porch with a further door leading to the hallway.
HALLWAY 5' 10" x 4' 5" (1.783m x 1.364m) With stairs rising to the first floor landing.
FIRST FLOOR LANDING 9' 11" x 5' 2" (3.047m x 1.586m) With cornicing to ceiling, secure alarm system and doors to further rooms.
LIVING ROOM 12' 1" x 11' 8" (3.701m x 3.574m) Substantial sized living area with wood effect laminate flooring, double central heating radiator, coving to the ceiling, three UPVC double glazed windows and a door leading to the kitchen.
KITCHEN 12' 2" x 6' 8" (3.710m x 2.033m) Fitted with a range of wall and base units complemented by roll top work surfaces, wood effect flooring, tiled splash backs, 1 1/2 sink and drainer with mixer tap, central heating radiator, UPVC double glazed window and a UPVC glazed door.
BEDROOM ONE 11' 11" x 9' 1" (3.638m x 2.789m) Double bedroom with coving to ceiling, wood effect flooring, central heating radiator and two UPVC double glazed windows.
BEDROOM TWO 9' 1" x 6' 5" (2.785m x 1.964m) With wood effect flooring, central heating radiator, coving to ceiling and a UPVC double glazed window.
BATHROOM 8' 0" x 5' 6" (2.439m x 1.700m) Fitted with a shower enclosure, wc, wash basin, central heating radiator, partially tiled walls, tiled flooring and a UPVC privacy glass window.
EXTERNALLY Externally to the rear there is a yard with an up and over door providing secure off road parking.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 Moore Street Villas, Sunderland Road, Gateshead
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