3-bedroom semi-detached house · NE8 2TJ
Let agreedListed 24 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to Chestnut Gardens. This property is a beautiful three-bedroom, one-bathroom semi-detached house on Chestnut Gardens, NE8.
Prime Location Close to Newcastle City Centre: This property enjoys a prime location with easy access to essential amenities as well as only being a 15-minute drive from Newcastle City Centre making daily life convenient and hassle-free.
Modern Décor: This property is decorated in a modern and complimentary colour palette which gives the property a fresh, clean feeling.
Large Enclosed Garden The garden of this property is a true highlight.
Fully enclosed with plenty of space for relaxing and playing in the sunshine- it is a versatile space to match any family's needs.
Downstairs you are greeted by a modern open-plan living room/ diner, as well as a fully-fitted kitchen with integrated appliances including an oven, hob, and extractor fan.
The kitchen also features a beautifully tiled splashback and a door leading to the fully enclosed rear garden. Upstairs there are three bedrooms, one spacious double bedroom, and two single bedrooms.
You also have one luxurious family bathroom, complete with a bath and a handheld shower.
Externally you have a good-sized garden to the front of the property as well as a large garden to the rear of the house with a raised patio area, providing plenty of space for outdoor activities.
This house is located near many local amenities such as Gateshead and Newcastle Centres, hospitals, shops, takeaways, and other everyday necessities.
Basis: Unfurnished Early viewing is highly recommended. Available Immediately. This property is available with flatfair's No Deposit solution, so you won't have to pay a traditional deposit.
Instead, you would pay a small check-in fee equal to 28% of a month's rent (+VAT) - significantly less than a five week deposit.
This fee is non-refundable and is not a deposit so cannot be used towards covering the cost of any future damages that might occur. Holding Deposit: £206.53
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
We're still gathering serviced-accommodation data for this area.
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 advisers 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
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FAQ
About Chestnut Gardens, Gateshead
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