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See how verdicts work2-bedroom flat · NE8 4NG
Sold STCListed 189 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
First-floor flat featuring a spacious open-plan living and dining area with a stylish modern interior, offered with no onward chain.
Similar properties in the area can achieve rental income of up to £800 per calendar month, depending on their condition.
Please be mindful the flat falls into the Gateshead Selective Licensing Scheme - further details available via Gateshead Council website.
This recently decorated property comprises an entrance lobby with stairs leading to the first-floor landing.
To the front is a spacious double bedroom featuring a bay window, feature fireplace and ample space for wardrobes, along with a second front-facing bedroom.
The open plan lounge and dining room has a feature fireplace and room for a table and chairs. New flooring was fitted here in 2021, while both lounge windows were replaced in 2018.
The modern kitchen, installed in 2020, has spot lighting and offers space for a cooker with extractor fan above, space for a fridge freezer, an integrated dishwasher, plumbing for a washing machine, and a door leading to the rear yard.
The bathroom/WC is fitted with a shower over the bath, partial tiling, extractor fan and spot lighting.
Externally, the property benefits from a shared rear yard with fenced boundaries and gated access to the rear. The yard fence was fitted in 2025.
Further benefits include gas central heating provided by a Baxi boiler and double glazed windows throughout.
Additional improvements include carpets fitted to the stairs, landing and both bedrooms in 2019, works carried out to the chimney and rear roof in 2024, and the front roof renewed in 2018.
We understand the flat is on a Tyneside Lease of 999 years from 28th September 2006 leaving approx.
956 years remaining at the date of listing with no ground rent or service charges payable (Full details will be confirmed by solicitors) MAKING AN OFFER Please note that all offers will require financial verification including mortgage agreement in principle, proof of deposit funds, proof of available cash and full chain details including selling agents and solicitors down the chain.
Under New Money Laundering Regulations we require proof of identification from all buyers before acceptance letters are sent and solicitors can be instructed.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. QLP260037/2
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

FAQ
About Windsor Avenue, Saltwell, Gateshead, NE8
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