1-bedroom flat · NE10 9TB
Listing removedListed 188 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Keyhole Residential are delighted to welcome to the sale market this one bedroom ground floor flat situated in the popular location of Nursery Lane, Felling, Gateshead.
Situated in the popular residential area of Felling, Gateshead, this well-presented one-bedroom ground floor flat is offered to the market with no upper chain, making it an ideal purchase for first-time buyers and investors alike.
The property benefits from a spacious and well-maintained interior, offering comfortable living throughout.
Externally, there is a private rear yard providing useful outdoor space, along with on-street parking to the front.
Conveniently located, the flat is within easy reach of Newcastle city centre, offering a wide range of shopping, dining, and leisure facilities.
There are also excellent local amenities nearby, as well as superb transport links, making commuting straightforward and accessible.
Early viewing is highly recommended to appreciate the accommodation on offer. Full Description Entrance Hallway Double glazed front door, storage cupboard, carpet flooring.
Bedroom One Double glazed window, radiator, carpet flooring. (Room Size: 4.05m x 2.56m) Lounge Double glazed window, radiator, carpet flooring.
(Room Size: 4.61m x 4.12m) Kitchen Double glazed window, fitted wall and base units, roll top work surfaces, stainless steel sink unit with mixer tap, integrated gas hob with extractor, integrated electric oven, plumbed for washing machine, boiler housed, breakfast bar, radiator, part tiled walls, double glazed rear door leading to yard, vinyl flooring.
(Room Size: 4.54m x 2.11m) Bathroom Double glazed window, radiator, low level WC, pedestal wash hand basin, bath with shower over, cladded walls, viny flooring. Enclosed Rear Yard Gated rear access.
Leasehold Property - Tyneside Lease of 999 years from 30th March 1995 leaving approx.
958 years remaining at the date of listing with no ground rent or service charges payable EPC Rating: Awaiting EPC Council Tax Band: A
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 9, Nursery Lane, Felling
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