1-bedroom flat · NE8 3HX
To rentListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lovely 1 bedroom apartment in the popular development of Chad House. The property is located next to Gateshead highway, with direct links to the centre of Newcastle.
An excellent development close to all local amenities including schools, transport and the abundance of shops, bars & restaurants the city has to offer.
Gateshead Metro station is a short walk away, giving transport availability to the entire Metro network.
Chad House has a bus stop on the door step with regular routes to and from South Shields and Newcastle. ENTRANCE HALLWAY Entrance hallway with access to all principle rooms and utility cupboard.
There is a secure telephone entry system which gives guests access to the property. UTILITY CUPBOARD Large storage cupboard which houses the water boiler & washing machine.
OPEN PLAN LIVING KITCHEN To one end is a high spec fitted kitchen with integrated electric hob, oven and stainless steel extractor with splash backs, fridge/freezer supplied.
There room is light and airy. It benefits from Large glazed windows, Wall mounted heaters and Pre-installed connections for satellite TV.
BATHROOM Modern three piece white bathroom suite comprising of a panelled bath with wall mounted shower and screen, low level WC, pedestal hand wash basin and wall mounted heated towel radiator.
BEDROOM 1 Double bedroom with glazed window to the rear aspect. There is a wall mounted heater and extra space for a wardrobe. A Viewing is essential to appreciate this superb apartment.
Please note Images shown are a guide only and may differ slightly between available units.
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 Chad House Tynegate Precinct, Sunderland Road, Gateshead
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