2-bedroom flat · NE9 5XA
For saleListed 36 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within this highly regarded and popular residential location, and likely to appeal to a broad range of buyers, including first time purchasers, investors and those looking to downsize, is this extremely well presented two bedroom ground floor flat.
Ideally positioned for access to the wide range of amenities available within Low Fell, including a vibrant selection of independent cafes, restaurants, shops and everyday services.
There are also transport links nearby, providing convenient access to surrounding areas and making the property particularly well suited to those who commute.
Upon entering the property, an entrance hallway provides access to the principal rooms and creates a welcoming introduction to the accommodation.
The beautifully presented lounge is situated to the rear of the property and provides a comfortable and inviting reception space.
A particular feature of the room is the set of patio doors which open directly onto the rear courtyard, creating a seamless connection between the indoor and outdoor spaces.
Also positioned to the rear is the fitted kitchen, which has been thoughtfully arranged to provide a good degree of storage and preparation space.
The kitchen comprises a range of fitted wall and base units with complementary work surfaces, together with built-in cooking appliances.
There is also ample room for the inclusion of additional white goods, making the kitchen both practical and functional for everyday living. From the kitchen there is access to the bathroom.
The modern bathroom is fitted with a white suite comprising a bath with mains-fed shower over, WC and hand wash basin set within a useful vanity storage unit.
The property further benefits from two good sized bedrooms, providing flexibility for a variety of requirements.
The principal bedroom is particularly well equipped, incorporating a range of fitted wardrobes which provide valuable built-in storage while helping to maximise the available floor space.
Externally, the property enjoys an enclosed rear courtyard, providing a pleasant outdoor area.
The courtyard incorporates a raised decked sun terrace, creating an attractive space for outdoor seating and dining.
There is also access to an external storage cupboard, providing a useful area for additional storage. Early viewing is highly recommended.
Lounge (4.42m x 3.89m) Kitchen (2.82m x 2.26m) Bathroom (2.14m x 1.78m) Bedroom One (3.95m x 3.43m) Bedroom Two (4.48m x 2.33m) Property Information Local Authority: Gateshead Flood Risk: This property is listed as currently having a very low risk of flooding although we have not seen any legal written confirmation to be able to confirm this.
Please contact the branch if you have any queries in relation to the flood risk before proceeding to purchase the property.
TV and Broadband: BT, Sky – Basic, Superfast, Ultrafast Mobile Network Coverage: EE, Vodafone, Three, O2 in the area Please note, we have not seen any documentary evidence to be able to confirm the above information and recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property.
Recording Devices Please be aware that some properties may be equipped with CCTV, video doorbells, or other recording devices (including internal audio/video surveillance) for security purposes.
While viewings are conducted in private homes, we ask that all attendees respect that the property owner may choose to monitor or record access to their home.
If you have any concerns regarding this, please speak to a member of our team prior to your appointment.
We have advised all vendors that any recording during viewings should be disclosed and used strictly for personal purposes only, in accordance with data protection and privacy laws.
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
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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
Agent & docs
FAQ
About 46 St. Thomas Street, Gateshead
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