2-bedroom flat · NE9 5EW
Sold STCListed 31 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located on William Wailes Walk, Gateshead, this modern two-bedroom first-floor apartment presents an exceptional opportunity for both first-time buyers.
Part of the affordable housing scheme, this property is being offered at an impressive 35% below market value, making it an attractive option for those seeking value without compromising on quality.
Upon entering, you are greeted by a secure communal entrance that leads to the hallway with stairs and lifts to all floors.
The apartment hallway provided access to all rooms as well as a concealed laundry cupboard, a spacious lounge which features a dining area with French Doors that grants access to a charming wrap around balcony, perfect for enjoying a morning coffee or evening relaxation.
Adjacent to the lounge, the well-equipped kitchen comes complete with essential appliances, ensuring convenience for everyday living.
The apartment boasts two comfortable bedrooms one with Juliette balcony, providing ample space for rest and relaxation. A modern bathroom with a W.C.
completes the accommodation, offering a stylish and functional space. The apartment also comes with an allocated parking bay at the rear of the block.
Situated in a popular location, this property is within walking distance of the beautiful Saltwell Park, as well as a variety of bars, shops, and restaurants in the vibrant Low Fell area.
The combination of a prime location and an affordable asking price makes this apartment a highly sought-after choice in the current market.
Do not miss the chance to view this delightful flat, which promises both comfort and convenience in a thriving community.
Communal Entrance - Apartment Hallway - Lounge/ Dining Room - 6.49 x 3.52 (21'3" x 11'6") - Kitchen - 2.87 x 1.30 (9'4" x 4'3") - Bedroom One - 4.00 x 2.58 (13'1" x 8'5") - Bedroom Two - 3.58 x 2.25 (11'8" x 7'4") - Bathroom/Wc - Balcony - External - Property Disclaimer - IMPORTANT NOTE TO PURCHASERS: We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All measurements have been taken as a guide to prospective buyers only, and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.
Fixtures and fittings other than those mentioned are to be agreed with the seller. We cannot also confirm at this stage of marketing the tenure of this house.
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
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 advisors 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
Agent & docs

FAQ
About William Wailes Walk, Low Fell, Gateshead
Explore nearby