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 work3-bedroom flat · NE8 4QS
Sold STCListed 157 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A deceptively spacious three bedroom upper floor flat set within a handsome traditional Tyneside terraced property on a popular residential street in Gateshead.
Benefitting from gas central heating, double glazing, a private rear yard, and on-road parking, this property offers excellent potential and represents a fantastic opportunity for investors or first-time buyers looking to put their own stamp on a generously proportioned home.
Accommodation Access is gained via a private entrance at street level, with a carpeted staircase rising to the upper floor accommodation.
The spacious lounge is a real highlight, featuring a characterful fireplace with decorative surround, fitted carpet, central heating radiator, with window to the rear flooding the room with natural light.
The kitchen is fitted with base units and can accommodate a cooker, washing machine, and fridge-freezer, with a door leading directly to the private rear yard.
A modern shower room comprises a curved corner shower enclosure, pedestal wash basin, and WC.
The property offers three bedrooms, two of which are well-proportioned doubles with one retaining an attractive original period fireplace.
The third bedroom provides ideal flexibility as a single room, guest room, or home office. All rooms benefit from central heating radiators and good natural light.
Outside To the front, the property is set behind traditional iron railings with on-road parking readily available. To the rear is a private enclosed yard, offering a low-maintenance outdoor space.
The elevated position affords stunning panoramic views across the rooftops of Gateshead and out towards the surrounding countryside, visible from the upper floor windows.
Location Rawling Road is well placed for access to Gateshead town centre, local shops, schools, and superb transport links into Newcastle city centre via the nearby Metro and road network.
An early viewing is highly recommended.
ENTRANCE 4' 3" x 3' 1" (1.307m x 0.962m) DOWNSTAIRS 3' 2" x 3' 1" (0.982m x 0.954m) UPPER HALLWAY 8' 7" x 4' 9" (2.621m x 1.451m) LIVING ROOM 15' 10" x 12' 6" (4.831m x 3.828m) LOBBY 5' 0" x 3' 0" (1.531m x 0.927m) KITCHEN 8' 10" x 7' 11" (2.704m x 2.417m) BATHROOM 7' 4" x 4' 11" (2.253m x 1.510m) BEDROOM ONE 14' 2" x 12' 5" (4.338m x 3.807m) BEDROOM TWO 11' 7" x 8' 0" (3.555m x 2.442m) BEDROOM THREE 9' 11" x 7' 10" (3.027m x 2.409m) DISCLAIMER These details have been prepared by our agency staff using both information provided to us by the vendor and following internal inspection.
Please be advised particulars may still be awaiting verification and approval from the vendors and therefore should not be relied for anything other than general information.
Fixtures and fittings included are to be agreed with the vendor and any photographs or mention of fitted appliances does not imply they are in working order.
Internal measurements are taken as a guide only for prospective purchasers and may not be precise.
Please call our office for further detailed information on any points if unclear, in order for us to gain clarification from the vendor.
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 Rawling Road, Gateshead
Explore nearby