2-bedroom flat · NE8 4QB
To rentListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** AVAILABLE IMMEDIATELY *** on an unfurnished basis is this lovely two bedroom upper flat which has recently re-decorated throughout.
The location is ideal being close to transport links, local amenities and within easy access to the A1.
Breifly comprising of; entrance hall with stairs leading to the first floor, spacious open plan lounge/kitchen, utility area, two good sized bedrooms and a family bathroom.
The property is warmewd via gas central heating and has UPVC throughout. Externally, the is a private rear yard and ample on-street parking.
Early viewing is highly recommended to avoid disappointment. Entrance Hallway - With stairs leading to the first floor.
First Floor Landing - Allowing access to both bedrooms and the open plan lounge/kitchen.
Open Plan Lounge/Kitchen - Spacious open plan lounge/kitchen with dual UPVc windows overlooking the rear aspect which allows a lot of natural light.
The kitchen has been fitted with a range od modern wall and base units, integrated oven hob and extractor fan.
Main Bedroom - Bright and airy main bedroom with dual UPVC windows overlooking the front aspect. Bedroom Two - Good sized second bedroom with a UPVC window overlooking the front aspect.
Utility - Accessed from the lounge Bathroom - Fitted with a low level WC, wash hand basin fitted into a vanity unit and a bath with shower over.
Externals - Private rear yard Agent Note - Holding Deposit: To hold this property from other viewings while references are carried out we take one weeks rent as a holding deposit which is off-set against the first months rent.
This one weeks rent will be taken to secure the property and will be held for 15 calendar days (unless otherwise expressly agreed) in order to complete all tenancy documents.
This amount will be attributed to the first month’s rent following the execution of all tenancy documents within the 15 calendar days of receipt of the holding deposit.
This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and/or Deed of Guarantee) within 15 Calendar days Upfront Costs: 1 Months rent to be taken after signing the Tenancy Agreement 5 Weeks rent amount as a damage deposit to be held in a Government approved deposit scheme
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

FAQ
About Hyde Park Street, Gateshead
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