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 · NE8 4AJ
Sold STCReduced £10k (−10.5%) on 26 OctListed 112 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the desirable Inskip Terrace, this immaculately presented first-floor flat offers a perfect blend of comfort and convenience.
With two well-proportioned bedrooms, this property is ideal for individuals, couples, or small families seeking a welcoming home in a vibrant community.
Upon entering, you are greeted by a spacious hallway that leads to the first-floor landing.
The main bedroom boasts a charming bay window, allowing natural light to flood the room, while the second bedroom features fitted wardrobes, providing ample storage for your belongings.
The lounge and dining area is a delightful space, featuring a recessed fire to the chimney breast, creating a warm and inviting atmosphere for relaxation or entertaining guests.
The kitchen is modern and functional, equipped with an integrated oven that will make cooking a pleasure.
Adjacent to the kitchen is a rear hallway that leads to the bathroom, completing the well-thought-out layout of this flat.
Outside, residents can enjoy a shared yard to the rear, offering a pleasant outdoor space for leisure or socialising.
This property is ideally located close to local amenities and transport links, making it easy to access everything you need.
Viewings are essential to truly appreciate the charm and quality of this lovely home. Don’t miss the opportunity to make this delightful flat your own.
Entrance Hallway - First Floor Landing - Bedroom One - 5.15m into bay x 3.80m into alcove (16'10" into ba - Bedroom Two - 2.57m x 2.25m (8'5" x 7'4") - Lounge/Dining Area - 5.64m x 4.49m (18'6" x 14'8") - Kitchen - 3.89m x 1.86m (12'9" x 6'1") - Bathroom - 2.01m x 1.68m (6'7" x 5'6") - External - 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 Inskip Terrace, Gateshead
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