1-bedroom house · NE8 3UY
Listing removedReduced £25 (−5.6%) on 18 AugListed 116 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** double room (single occupancy) ** modern houseshare ** utility bills + discretionary cleaner + wifi included ** This furnished double bedroom in a well presented, recently refurbished shared spacious maisonette, provides comfortable modern living less than 1 mile from Gateshead Centre and 1.5 miles from both The Queen Elizabeth Hospital and Newcastle City Centre, with a host of local amenities nearby.
Accommodation includes; hallway, lounge with dining table and chairs, modern kitchen, a family bathroom, with shower over bath, plus a separate shower room.
Benefits include: Gas central heating, double glazing, parking on street and a private rear yard. All utility bills & wifi included. Viewing highly recommended.
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.
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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
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FAQ
About Room 1, 61, Deckham Terrace, Gateshead
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