How much is Gateshead?

The asking rent is £950 a month.

Gateshead

2-bedroom flat

1 bath

Asking rent

£950/mo

To rentListed 1 day

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Opportunity summary

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About

The property

Property Reference: 3081979. This bright and modern two-bedroom flat is located on the top floor (4th floor) at Redgrave Close, Gateshead, NE8.

It is fully furnished and ready for you to move in end December 2026, making it ideal for working professionals, couples, or small families.

The apartment features a welcoming hallway that leads into a spacious, bright living room with soft sofas, a dining table, and large windows that let in plenty of natural light.

Right off the living room, the kitchen comes fully fitted with a gas stove, oven, washing machine, and a tall fridge-freezer.

There are two comfortable bedrooms: A master bedroom with a double bed, wardrobe, and bedside tables, plus a second bedroom with a single bed and a desk area perfect for working from home.

The clean, tiled bathroom includes a full bathtub with an overhead shower.

Located in the quiet St James Village area, you are close to local shops, supermarkets, and basic services around Gateshead town centre and the Quays area. Transport is very easy from here.

Gateshead Stadium Metro Station is just a short walk away, giving you direct train access to Newcastle City Centre, the coast, and the airport.

There are also frequent bus stops nearby on Old Fold Road and Sunderland Road, as well as easy road access if you drive. Good primary and secondary local schools are also within easy reach.

Summary & Exclusions: - Rent Amount: £950.00 per month (£219.23 per week) - Deposit / Bond: £950.00 - 2 Bedrooms - 1 Bathrooms - Property comes furnished - Available to move in from 15 December 2026 - Maximum number of tenants is 3 - Students welcome to enquire - No Smokers - Bills not included - Property has parking - No Garden Access - EPC Rating: C If calling, please quote reference: 3081979 Fees: You will not be charged any admin fees.

** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.

OpenRent endeavours to make all property particulars as accurate and reliable as possible, however if you require any further clarification or information please contact us.

When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.

This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.

Key information

Furnished state

Furnished

Available From

15 Dec 2026

Students

Students Accepted

Local authority

Gateshead

Metropolitan District

Value & comps

How does the rent compare?

No previous sales on record.

Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.

Returns

What does it return?

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Model

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Strategy: R2R · full calculator

R2R calculatorRent-to-rent SA + HMO strategies — occupancy, platform fees, profit

Investment Disclaimer

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

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Archie’s verdict

Archie has scored this property.

Article 4No HMO Article 4 held

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.