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See how verdicts work2-bedroom terraced house · NE8 2GD
For saleReduced £5k (−2.8%) on 30 SepListed 47 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ben Charles are delighted to offer this mid terraced house to the sales market.
The chain free accommodation briefly comprises: On the ground floor; Entrance Hall, cloakroom / WC, open plan lounge/dining area and kitchen. To the first floor are two bedrooms and a bathroom.
Externally there is rear garden and to the front is a small forecourt garden. This property also offers a parking space and communal gardens.
May Courtyard is situated in a highly convenient location, approximately 2.2 kilometres from the MetroCentre, which offers extensive retail, dining, and leisure options alongside a major transport interchange.
The property is also ideally positioned for commuters, providing seamless access to the A1. Entrance Hall Double glazed entrance door, staircase to first floor, tiled floor and radiator.
Cloakroom/WC Double glazed window to front, low level WC, wash hand basin and radiator.
Dining Room/ Kitchen/ Lounge (3.32m x 6.66m) Fitted wall and base units with coordinating work surfaces, single drainer sink, built in electric oven, built in electric hob, extractor hood, space for washing machine, partially tiled walls, three radiators, double glazed window to front and rear, understairs cupboard, french doors to rear garden.
First Floor Landing Access to roof space and radiator. Bedroom One (3.41m x 3.66m) Two double glazed windows to front and radiator.
Bedroom Two (2.24m x 3.06m) Double glazed window to rear and radiator.
Bathroom (1.93m x 1.63m) White three piece bathroom with panelled bath with shower over, wash hand basin, low level WC, partially tiled walls, double glazed window to rear and extractor fan.
Front Garden Small forecourt garden with hedged boundaries. Rear Garden Lawn area, fenced boundaries, gated access and paved patio. Parking Space Single allocated parking space.
Communal Gardens Communal gardens shared by the estate.
Agent Notes Council Tax: Gateshead Council, Band D Tenure: Leasehold 150 years from 01/04/2008 Estate Management Charge – Yes, ask agent for more information.
Property Construction – Standard Gas Supply - Mains Electricity supply – Mains Water Supply – Mains Sewerage – Mains Heating – Gas Central Heating Estimated Mobile phone coverage – Please refer to the Ofcom Website.
Estimated Broadband Download speeds – Please refer to the Ofcom Website. Building Safety – The vendor is not aware of any Building Safety issues.
However, we would recommend that the purchaser engages the services of a chartered surveyor to confirm. Restrictions – Vendor not aware.
Selective licencing area –No Agent Notes Cont Rights & Easements – None known Flood risk – Please refer to the Gov website Coastal Erosion – Please refer to Gov website Protected Trees – None known Planning Permission Nothing in the local area to affect this property that we are aware of.
Accessibility/Adaptations – None known Mining Area – Coal Mining Reporting Area, further searches may be required by your legal representative.
Disclaimer Disclaimer: Our details have been compiled in good faith using publicly available sources and information obtained from the vendor prior to marketing.
Verification and clarification of this information, along with any further details concerning Material Information parts A, B & C, should be sought from a legal representative or appropriate authorities before making any financial commitments.
Ben Charles Ltd cannot accept liability for any information provided subsequent amendments or unintentional errors or omissions.
Hmrc Compliance Hmrc Compliance requires all estate agents to carry out identity checks on their customers, including buyers once their offer has been accepted.
These checks must be completed for each purchaser who will become a legal owner of the property. An administration fee of £30 (inc. VAT) per individual purchaser applies for carrying out these checks.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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
Agent & docs
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FAQ
About 6 May Courtyard,, Shrove Pass, Tyne and Wear
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