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See how verdicts work2-bedroom flat · NE8 2DL
For saleListed 86 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
To the market we offer this superb 2 bedroom 1st floor apartment situated in The Staithes, Gateshead. This 2nd line property is ready to move into and ideal for first time buyers or investors.
Benefitting from close proximity to the River Tyne, walking routes and The Staiths Cafe, this stunning apartment is a must see.
The Property comprises of:- entrance hall - A key code access main entrance to the spacious hallway leading to the apartment door 4.7m x 2.8m - laminate flooring, meter cupboard, sockets, telephone entry system.
Lounge 4.7m x 3.3m - Carpet flooring, double radiator, balcony with French UPVC double glazed doors and windows to front, UPVC double glazed window to side, sockets.
Kitchen 2.3m x 2.8m - The kitchen area is fitted with a range of sleek, modern base and wall units in grey with grey laminate worktops, complemented by built in electric hob and electric oven, extractor hood, integrated dish washer, stainless steel sink unit with new tap, tiled splashback areas, laminate flooring in grey, inset spotlights, Potterton combi boiler in cupboard, sockets, double radiator.
Bedroom 1) 2.6m x 3.4m - Carpet flooring, double radiator, UPVC double glazed windows to side, window blinds, sockets, double radiator.
Bedroom 2) 2.7m x 2.6m - Carpet flooring, double radiator, UPVC double glazed window to front, wardrobes.
Bathroom/WC - Panelled bath with new mixer shower and taps, shower screen, attractive tiled area to bath, sink and WC, vanity washbasin, tiled flooring, single radiator, extractor fan, inset spotlights.
Heating - Potterton combi Ideal gas central heating boiler. Double glazing - UPVC double glazing throughout.
External - Communal garden to rear, allocated parking bay area, The Staithes Cafe in close proximity.
Tenure - Leasehold with a remaining 129 years Additional - Service charge - £1288.08 pa, Ground rent - £133.90 pa, phase 3 Estate charge - £69.43 pa.
Made to measure window blinds in all rooms included. Boiler recently serviced and passed in July 2026. Sale includes all furniture with the sale Viewing - By appointment with Ron Breen Estate Agents.
Disclaimer - the above details are believed to be correct but no warranty or representation is given or made as to their accuracy and they shall not form any part of any contract.
Prospective purchasers are advised to check their accuracy as no liability or responsibility can be accepted by either this company or any member of staff in providing this information.
The property is offered subject to contract, all room sizes are from A sonic tape, accuracy cannot be guaranteed.
When owners are considering your offer they will require as much relevant information as possible, in order to obtain this information, you will BA asked to call into the office to discuss the details with A negotiator and to fill in the anti-money laundering forms which are required by law.
All further terms and conditions can be found on terms and conditions page at Ron Breen Estate Agents Website.
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 20, August Courtyard, Gateshead
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