2-bedroom flat · NE8 1RB
Let agreedListed 17 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this charming ground floor flat located on Alexandra Road in the desirable area of Bensham, Gateshead.
This recently renovated property boasts two spacious double bedrooms, making it an ideal choice for couples, small families, or individuals seeking extra space.
As you enter the flat, you will find a welcoming reception room that provides a perfect setting for relaxation or entertaining guests.
The modern design and fresh finishes throughout the property create a warm and inviting atmosphere. The well-appointed bathroom ensures convenience and comfort for all residents.
One of the standout features of this flat is its prime location. Situated close to the city centre, you will enjoy easy access to a variety of shops, restaurants, and local amenities.
Additionally, the excellent transport links in the area make commuting a breeze, whether you are travelling for work or leisure.
This property presents a wonderful opportunity for those looking to enjoy the benefits of city living while residing in a peaceful neighbourhood.
With its combination of modern comforts and a fantastic location, this flat is not to be missed. We invite you to come and experience all that this delightful home has to offer.
Entrance Hall (5.46m x 0.94m (17'11 x 3'1)) Lounge (4.57m x 3.45m (15 x 11'4)) Kitchen (3.40m x 2.06m (11'2 x 6'9)) Bedroom One (4.27m x 3.78m (14 x 12'5)) Bedroom Two (3.81m x 2.26m (12'6 x 7'5)) W.C.
(1.17m x 0.79m (3'10 x 2'7)) Bathroom Externals Disclaimer Lettings We require One month’s rent in advance = £650 One month’s rent as a damage deposit = £650 To hold this property from other viewings while references are carried out, we require one weeks rent as a holding deposit.
The particulars on these properties are set out as a general guidance for intended for tenants contracts The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose.
Tenants should not rely on them as statements of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them.
Items shown in photographs are not included unless specifically mentioned within the particulars. Measurements have been taken using a laser distance meter and may be subject to a margin of error.
For further information see the Consumer Protection from Unfair Trading.
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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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 149, Alexandra Road, Gateshead
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