2-bedroom flat · NE9 5UX
Listing removedListed 60 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this beautifully refurbished flat located on Wesley Street in the heart of Gateshead.
This charming property boasts two well-proportioned bedrooms, making it an ideal choice for couples or a single person.
The flat features a spacious open plan kitchen/reception room that provides a warm and inviting space for relaxation and entertaining.
One of the standout features of this property is its modern bathroom, which has been tastefully updated to meet contemporary standards.
The flat has been refurbished throughout, ensuring that it is ready for you to move in without the need for any immediate changes.
Situated in a sought-after location, this flat is within walking distance of a variety of shops, restaurants, and bars, offering a vibrant lifestyle right on your doorstep.
Additionally, the excellent transport links in the area make commuting to nearby cities and attractions both convenient and efficient.
The property also includes an enclosed yard, providing a private outdoor space for you to enjoy.
Whether you wish to create a small garden or simply have a place to relax outdoors, this yard adds to the appeal of the flat.
In summary, this flat on Wesley Street presents a fantastic opportunity for those seeking a modern, well-located home in Gateshead.
With its thoughtful refurbishment, proximity to amenities, and excellent transport options, it is a property not to be missed.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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 Wesley Street, Gateshead
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