2-bedroom flat · NE8 2GS
For saleListed 101 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
TOP FLOOR APARTMENT WITH SOUTH-FACING BALCONY | NO ONWARD CHAIN | Offered to the market with no onward chain, this impressive top-floor apartment is situated within the highly sought-after Staithes development, enjoying a peaceful riverside setting on the banks of the River Tyne.
Occupying a desirable corner position within the development, the property benefits from a private south-facing balcony with partial river views, providing an ideal space to relax and enjoy the surroundings.
The accommodation briefly comprises an entrance hallway, a bright and spacious open-plan living and kitchen area, two well-proportioned bedrooms, and a contemporary bathroom.
An ideal purchase for first-time buyers, professionals, downsizers or buy-to-let investors, early viewing is highly recommended. Energy Efficiency Rating C. Council Tax Band B.
Entrance Hall Storage cupboard, entry phone system.
Open Plan Living/Kitchen Living Area Double glazed windows and French doors leading to corner, south facing balcony, radiator, television aerial point.
Kitchen Area Range of wall and base units with work surfaces incorporating; stainless steel sink unit with mixer tap, electric oven and gas hob with extractor fan above, built in washing machine, free standing fridge/freezer, combination boiler, part tiled walls, double glazed window to side elevation.
Bedroom One Double glazed window to side elevation and a radiator. Bedroom Two Double glazed window to side elevation, built in wardrobe with glass sliding doors and built in storage and a radiator.
Bathroom Panelled bath with shower overhead, WC, pedestal wash hand basin, radiator, vanity cabinet, part tiled walls, double glazed window to side elevation.
Leasehold Information The property is leasehold, managed by Kingston Property Services. The years remaining on the lease is approximately 99 years (2026). Annual service charge of approximately £1200.
Ground rent is charged at £134 per annum. Please note we have not inspected the head lease. Material Information Tenure: Leasehold. The block is managed by Kingston Property Services.
Council Tax: Band B. Authority; Gateshead Council. Utilities: Mains sewerage, water and electricity are connected. Please note there is no gas supply to the property. Heating is via electric heaters.
Broadband: Follow the link to check broadband providers and speeds; Broadbandcheck.co.uk Mobile Phone Coverage: Follow the link to check mobile signal for all networks; Signalchecker.co.uk Parking: This property comes with an allocated parking space.
You would need to instruct your solicitor to review the lease for any restrictive covenants, we have not been advised of any at the outset of marketing.
Please note the lease can be made available upon request.
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
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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
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FAQ
About Bede Courtyard, Winter's Pass, Gateshead, NE8
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