3-bedroom house · NE10 8BP
Listing removedReduced £10k (−5.9%) on 13 AugListed 91 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled within a highly sought-after residential location, this rare-to-the-market three-bedroom terraced home presents an exciting opportunity for buyers looking to create their ideal long-term family home.
Offering generous, versatile living accommodation and tremendous potential for modernisation, the property provides the perfect blank canvas for those wishing to add their own style and personal touches.
The accommodation begins with an entrance lobby leading into the hallway.
A convenient ground floor WC adds practicality for everyday family living, while the spacious lounge provides a comfortable setting for relaxation, centred around an attractive feature fire surround that forms a charming focal point.
To the rear of the property, the well-proportioned dining kitchen offers ample space for both cooking and family dining.
The sun room enjoys pleasant views over the rear garden and has door access to the garden, creating a seamless connection between the indoor and outdoor spaces, making it perfect for entertaining during the warmer months.
Completing the ground floor is a generously sized bedroom, offering flexibility for multigenerational living, guest accommodation or those requiring single-level living.
The first floor comprises two further spacious double bedrooms, both with fitted wardrobes.
The family bathroom is fitted with a practical wet room-style walk-in shower, WC and wash hand basin, providing functionality while offering scope for future enhancement to suit individual tastes.
Externally, the property continues to impress.
To the front is a low-maintenance gravelled garden that enhances the home's kerb appeal, while the enclosed rear garden features a lawned area with planted borders.
A detached garage, situated to the rear of the property, provides valuable off-street parking as well as useful storage space.
Ideally positioned within a popular and well-established residential area, the property enjoys convenient access to local shops, schools, leisure facilities and everyday amenities.
Transport links and public transport services are also nearby, making commuting to surrounding towns and city centres straightforward.
Offering spacious accommodation, flexible living space and outstanding potential to create a truly exceptional home, this is a rare opportunity not to be missed. Early viewing is strongly recommended.
Lounge (4.42m x 3.58m) Dining Kitchen (7.10m x 2.94m) Sun Room (4.63m x 1.88m) Ground Floor Bedroom (3.56m x 3.13m) Bedroom One (3.57m x 2.64m) Bedroom Two (3.58m x 2.28m) Bathroom (2.47m x 2.06m) Garage (5.05m x 2.68m) Solar Panels Sarah Mains Residential have been advised by the owners that the solar panels installed at the property currently have a lease agreement in place.
Please contact the Low Fell branch before viewing if you feel this may affect your buying decision.
Property Information Local Authority: Gateshead Flood Risk: This property is listed as currently having a very low risk of flooding although we have not seen any legal written confirmation to be able to confirm this.
Please contact the branch if you have any queries in relation to the flood risk before proceeding to purchase the property.
TV and Broadband: BT, Sky – Basic, Ultrafast in the area Mobile Network Coverage: EE, Vodafone, Three, O2 in the area Please note, we have not seen any documentary evidence to be able to confirm the above information and recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property.
Recording Devices Please be aware that some properties may be equipped with CCTV, video doorbells, or other recording devices (including internal audio/video surveillance) for security purposes.
While viewings are conducted in private homes, we ask that all attendees respect that the property owner may choose to monitor or record access to their home.
If you have any concerns regarding this, please speak to a member of our team prior to your appointment.
We have advised all vendors that any recording during viewings should be disclosed and used strictly for personal purposes only, in accordance with data protection and privacy laws.
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
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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 11 Montrose Drive, Gateshead
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