2-bedroom flat · NE8 4EZ
To rentListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** AVAILABLE FROM THE 1ST DECEMBER 2026 *** is this well presented two bedroom second floor flat located in the ever popular Shipley Court.
The accommodation briefly comprises of a secure communal entrance with access to all floors and intercom service, entrance hallway with access to all rooms, lounge/diner room with built in window seat, two bedrooms with the master having the added benefit of built in wardrobes, modern kitchen with a range of wall and base units, integrated oven, hob, washing machine and fridge freezer.
There is a large shower room with a three piece suite. The property benefits from double glazing and electric heating throughout.
Externally, the apartment comes with a driveway providing off street parking. Early viewing is highly recommended to avoid disappointment.
Communal Entrance - With stairs to all floors, access via a secure intercom system. Entrance Hallway - Two handy storage cupboards, wall mounted heater and access to all rooms.
Lounge/Dining Room - Large lounge/diner with a built in window seat, double glazed window overlooking the rear elevation and wall mounted heater.
Kitchen - Modern kitchen with a range of wall and base units, integrated oven and ceramic hob, washing machine and free standing fridge freezer.
Double glazed window overlooking the front elevation and wall mounted heater. Master Bedroom - Spacious master bedroom with the added benefit of built in wardrobes and dressing table.
Double glazed window to the side and wall mounted heater. Bedroom Two - Double glazed window to the front elevation and wall mounted heater.
Shower Room - Modern three piece suite comprising corner shower enclosure, sink with vanity unit and low level WC. External - Externally the home comes with a driveway.
Agent Note - Holding Deposit: To hold this property from other viewings while references are carried out we take one weeks rent as a holding deposit which is off-set against the first months rent.
This one weeks rent will be taken to secure the property and will be held for 15 calendar days (unless otherwise expressly agreed) in order to complete all tenancy documents.
This amount will be attributed to the first month’s rent following the execution of all tenancy documents within the 15 calendar days of receipt of the holding deposit.
This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and/or Deed of Guarantee) within 15 Calendar days Upfront Costs: 1 Months rent to be taken after signing the Tenancy Agreement 5 Weeks rent amount as a damage deposit to be held in a Government approved deposit scheme
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.
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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 Shipley Court, Gateshead
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