1-bedroom flat · DH3 2JL
Listing removedReduced £25 (−5.3%) on 10 SepListed 81 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to Penshaw View. This property is a lovely one-bedroom, one-bathroom studio flat on Penshaw View, DH3. Keep reading to find out what makes this property unique!
Prime Location Close to The Galleries: This property enjoys a prime location with easy access to essential amenities as well as being only a 10-minute drive from The Galleries shopping centre making daily live convenient and hassle-free.
Off-Street Parking: One of the standout features of this property is the off-street parking to the front for residents.
This offers convenience and peace of mind, ensuring tenants have a designated parking space readily available without the hassle of searching for street parking.
Gas Bill Included: Experience the added convenience of an inclusive gas bill, making budgeting simpler and ensuring you remain warm in the winter months.
Upon entering you are greeted by a communal entry way leading to the flat.
You are then greeted by a spacious living room and bedroom area with a lovely feature mantel piece, as well as a large built in storage space.
You have a separate kitchen which features an integrated oven, hob and extractor fan as well as a freestanding fridge freezer.
The property also has a separate bathroom with a standalone, corner shower.
Externally you have off-street parking to the front of the property as well as a large, enclosed communal garden to the rear of the house, providing plenty of space for outdoor activities.
This house is located near many local amenities such as shops, restaurants, schools and is only a 10-minute drive to The Galleries shopping centre.
This property is also directly near the A1 providing easy access to everyday necessities. Basis: Unfurnished. Early viewing is highly recommended.
This property is available with flatfair's No Deposit solution, so you won't have to pay a traditional deposit.
Instead, you would pay a small check-in fee equal to 28% of a month's rent (+VAT) - significantly less than a five week deposit.
This fee is non-refundable and is not a deposit so cannot be used towards covering the cost of any future damages that might occur. Council Tax Band: A (Gateshead Council) Holding Deposit: £114.23
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 Penshaw View, Birtley, Gateshead, DH3
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