2-bedroom flat · NE16 3JS
Let agreedListed 41 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 1826494. Swalwell, near Metro Centre and A1 motorway.Located in quiet garden fronted street. Immaculate, well furnished and newly decorated 2 bedroomed Furnished ground floor flat.
Gas combi heating with A rated boiler, full UPVC double glazing.Gas cooker, washing machine, fridge freezer.On street parking to rear of property.
10 minutes walk from Metrocentre and close to bus route to Newcastle. Would prefer someone looking for a longer term let.
Living Room Approx 13x12 feet.2 seater sofa, TV unit, table and 2 chairs, BT and Virgin Media sockets. Main Bedroom Approx 13x13 feet.Big, light and airy with triple wardrobe anddouble bed.
2nd bedroom Approx 8x6 feet Double wardrobe. Kitchen Approx 9x6 feet. Newly refitted with Gas cooker, auto washer, fridge freezer. Some crockery and cutlery included. Bathroom Approx 9x5 feet.
Shower over bath, extractor fan. Externally Lawned front garden and rear yard. Please note , there are no agents or vetting fees with this property.
There is a £150 holding deposit which goes towards your bond, then balance of bond and first months rent so £1300 in total to move in.
Landlord is Gateshead Private Landlords Association member and property is accredited. Available now.
Summary & Exclusions: - Rent Amount: £650.00 per month (£150.00 per week) - Deposit / Bond: £650.00 - 2 Bedrooms - 1 Bathrooms - Property comes furnished - Available to move in from 19 September 2026 - Maximum number of tenants is 2 - No Students - No Smokers - Bills not included - No Parking Available - Property has garden access - EPC Rating: C If calling, please quote reference: 1826494 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
OpenRent endeavours to make all property particulars as accurate and reliable as possible, however if you require any further clarification or information please contact us.
When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.
This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.
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
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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 Axwell Terrace, Swalwell, Gateshead
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