1-bedroom flat · NE9 5BX
For saleListed 236 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***NO ONWARD CHAIN*** We are delighted to offer to the sales market this lovely over 55's RETIREMENT APARTMENT located within well kept communal gardens.
The purpose built development offers access to all floors via lifts and stairs and also benefits from a security intercom system to the front entrance.
The accommodation also has a residents lounge and laundry room.
***Management fees paid up until Sept 2026*** Situated on the 1st floor, the internal layout briefly comprises entrance hallway, good size living / dining room, fitted kitchen, one double bedroom and a bathroom.
Externally there are well kept lawned communal gardens and residents parking.
Situated within walking distance of Low Fell High Street with a fantastic array of local business for everyday shopping needs.
A fantastic choice of cafes, bars and restaurants are also in close proximity to the property. The area also has a library, churches and Post Office along with many leisure facilities.
Excellent road links throughout the region also a frequent local bus service which connects into Gateshead Metro station for onward travel. COMMUNAL ENTRANCE Accessed via a security intercom system.
With stairs and lifts to all floors. HALLWAY 9' 10" x 4' 0" (3.010m x 1.243m) The apartment is accessed via a composite front door.
Security intercom, carpet and built in cupboard housing hot water tank.
LIVING ROOM 17' 8" x 10' 4" (5.386m x 3.174m) A good size living room with neutral decoration, fitted carpet, electric heater and a double glazed window with fitted blinds.
Double doors leading into the kitchen.
KITCHEN 7' 0" x 8' 1" (2.158m x 2.468m) Fitted with a good range of wall and base kitchen units and drawers with contrasting work surfaces and tiled splash backs.
Integrated oven, hob and extractor hood. Stainless steel sink and drainer unit and space for under bench fridge. With electric wall heater, double glazed window, and vinyl flooring.
BEDROOM 14' 2" x 8' 8" (4.336m x 2.664m) The double bedroom has a range of mirror fronted fitted wardrobes and is warmed by an electric heater.
The double glazed window has fitted blinds and the room has neutral décor and fitted carpet.
BATHROOM 7' 0" x 5' 6" (2.143m x 1.688m) Comprising sliding door shower cubical, low level WC and vanity unit incorporating hand basin and storage.
Fully tiled walls, vinyl flooring, white towel warmer, electric wall heater and extractor fan. EXTERNALLY Externally there are well kept lawned communal gardens and residents parking.
DISCLAIMER These details have been prepared by our agency staff using both information provided to us by the vendor and following internal inspection.
Please be advised particulars may still be awaiting verification and approval from the vendors and therefore should not be relied for anything other than general information.
Fixtures and fittings included are to be agreed with the vendor and any photographs or mention of fitted appliances does not imply they are in working order.
Internal measurements are taken as a guide only for prospective purchasers and may not be precise.
Please call our office for further detailed information on any points if unclear, in order for us to gain clarification from the vendor.
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 Bowes Lyon, Dryden Road, Gateshead, Tyne And Wear, NE9
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