2-bedroom terraced house · NE9 5QB
Listing removedListed 59 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two-bedroom terraced house on Broadway in Gateshead, well placed for the town centre and Newcastle. The accommodation comprises a lounge, a fitted kitchen, two bedrooms and a family bathroom.
The property has gas central heating and is offered unfurnished. Council tax band A keeps running costs low.
Broadway is convenient for the A1 and A167, with regular bus routes into Gateshead and Newcastle city centre. Local shops, schools and amenities are close by.
Available now on a twelve-month assured shorthold tenancy at £795 pcm. Pets considered on a case-by-case basis, subject to landlord approval. Fully managed by Lightning Estates.
Please contact the office to arrange a viewing. Roof type: Concrete roof tiles. Flooded in the last 5 years: No. Building Safety: None of the above. Construction materials used: Brick and block.
Water source: Mains. Electricity source: Mains. Sewerage arrangements: Mains. Heating Supply: Central heating (gas). Do any public rights of way affect your your property or its grounds? No.
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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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 114, Broadway, GATESHEAD
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