3-bedroom terraced house · NE9 6EG
Listing removedListed 67 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary This is a spacious three bedroom terraced property available for rent immediately.
The location is handy for access to the Team valley, Low Fell and Birtley, with the A1M a short distance away, it also has great road links.
Features include UPVC double glazing, ducted air heating and a downstairs guest toilet.
The accommodation comprises of an entrance porch, lounge, kitchen diner, with a modern kitchen with built in appliances and a downstairs cloaks/wc. The first floor ahs three bedrooms and a bathroom.
Externally there is an open plan garden to the front and a garden to the rear. To view, please contact the low fell office on .
Tenant Referencing Criteria: Pattinson will undertake referencing checks on all applicants over the age of 18 wishing to move into a rental property.
As part of this process, we will undertake: - A credit check to ensure each applicant does not have any adverse credit such as CCJs (County Court Judgements).
- An affordability assessment to ensure applicant's income will sufficiently cover the rental payments.
- To pass the affordability check, each applicant's gross annual basic income (including benefits and pensions) must be at least 30 times the monthly rental amount (36 times for Ellinson properties).
Eg If the rent is 500 pcm, applicants would need to earn 15,000 as an annual pension or basic salary (excluding commission/bonus) before tax or other deductions were made.
- Each applicant's affordability is assessed individually against the criteria. - Self- will require an accountant's reference and should have accounts for a minimum of two years.
Net profit will be assessed against the affordability requirement of 30 times the monthly rental amount. - Employment checks to confirm your start date, salary and if your position is permanent.
- Homeownership checks (only if you are a homeowner) confirming your mortgage payments are up to date.
- A Landlord reference (if you are currently residing in rented accommodation) confirming you have abided by the terms of the lease.
This will check that the rent was paid on time and in full, there was no antisocial behaviour and the property was looked after in an appropriate manner. - Right to rent' id checks.
If you do not meet the requirement, you will require A homeowner guarantor.
Council Tax Band: A Deposit: 952.00 Front Entrance Porch UPVC entrance door Lounge (5.2m x 3.1m) UPVC double glazed bow window, feature stone fire place and TV plinth Mid Lobby Stairs to the first floor, access o the cloaks/WC Cloaks/WC WC, wash basin set to vanity unit Kitchen Diner (5.2m x 3.1m) The kitchen is fitted in a range of modern wall and base units with integrated washing machine, fridge and freezer, gas hob with extractor over, integrated double oven and a built in microwave.
There is also a UPVC double glazed window to the kitchen and dining area.
Rear Lobby Leading to a storage room measuring 9'9 x 4'4 First Floor Landing Leading to all upstairs accommodation Bedroom One (5.2m x 3.1m) Two UPVC double glazed windows, built in storage cupboard.
Bedroom Two (3.1m x 3.1m) (Measurements are maximum) UPVC double glazed window Bedroom Three (3.1m x 2.0m) UPVC double glazed window Bathroom (1.7m x 1.9m) Three piece suite comprising panelled bath with electric shower over, WC, wash basin External Open plan garden to the front and a garden to the rear.
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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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 99, Hertford, Gateshead
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