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See how verdicts work1-bedroom flat · NE10 0DP
Listing removedListed 182 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary This surprisingly spacious one bedroom first floor apartment is tucked away in a corner of the development and offers modern living accommodation close to local transport links, with easy access to Newcastle and Gateshead.
The property benefits from UPVC double glazing, gas central heating via a combi boiler, and allocated parking.
The accommodation briefly comprises an entrance lobby leading into the lounge and open plan kitchen area, with double doors opening onto a balcony.
There is also a useful utility room, a bedroom, and a spacious bathroom completing the layout.
This property presents an ideal opportunity for a first time buyer or for anyone seeking convenient access to nearby towns and cities. Early viewing is highly recommended.
Council Tax Band: A Tenure: Leasehold Length of Lease: 106 Entrance Lobby Radiator, laminate flooring Lounge And Open Plan Kitchen (6.1m x 3.0m) Double glazed doors leading to the balcony, second double glazed window, radiator, the kitchen area is fitted in wall and base units with a one and a half bowl sink and drainer, gas hob with built in electric oven with extractor over Utility Room Combi boiler, matching units, space for automatic washing machine, double glazed window, radiator Bedroom (2.6m x 5.3m) Two double glazed windows, two radiators, laminate flooring Bathroom (2.5m x 1.9m) Panelled bath with a shower tap and glazed screen, wash basin and WC set to a vanity unit, heated towel rail, part tiled walls, double glazed window
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
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FAQ
About 35, Marigold Avenue, Gateshead
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