We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · NE9 5AE
Sold STCListed 83 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled on Durham Road, this beautifully presented ground floor apartment is part of an exclusive executive development in Low Fell.
The property boasts a secure communal entrance hall, leading you into a luxurious living space that is both inviting and stylish.
Upon entering the apartment, you are greeted by a well-designed hallway adorned with integrated spotlights, which guides you to the main bedroom and an additional double bedroom.
The modern shower room is a standout feature, complete with his and hers hand basins and elegant LVT flooring, ensuring both functionality and style.
The heart of this home is the open plan lounge and dining area, which is enhanced by feature walls and bi-folding doors that seamlessly connect to a private sun terrace.
This outdoor space is perfect for enjoying a morning coffee or entertaining guests.
The kitchen is thoughtfully integrated into the living area, equipped with modern appliances including an oven, fridge/freezer, and dishwasher, making it ideal for those who love to cook.
Surrounding the apartments are well-maintained communal gardens, providing a serene environment for relaxation.
The property also includes allocated parking, with ample space for visitors, ensuring convenience for both residents and guests alike.
This lovely home is ideally situated in a central location, just a stone's throw away from a variety of restaurants, wine bars, and excellent transport links.
Viewing is essential to fully appreciate the charm and quality of this exceptional apartment. Don't miss the opportunity to make this delightful property your new home.
Communal Front Entrance Hall - Apartment Hallway - Lounge/Dining Area - 6.97m x 4.06m (22'10" x 13'3") - Kitchen - 3.00m x 2.80m (9'10" x 9'2") - Laundry Room - 2.03m x 1.56m (6'7" x 5'1") - Bedroom One - 4.31m x 3.30m (14'1" x 10'9") - Bedroom Two - 4.17m x 2.60m (13'8" x 8'6") - Shower Room - 3.29m x 1.61m (10'9" x 5'3") - Sun Terrace - Allocated Parking And Communal Grounds - Property Disclaimer - IMPORTANT NOTE TO PURCHASERS: We endeavour to make our sales 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 measurements have been taken as a guide to prospective buyers 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 travelling some distance to view.
Fixtures and fittings other than those mentioned are to be agreed with the seller. We cannot also confirm at this stage of marketing the tenure of this house.
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 Durham Road, Gateshead
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