3-bedroom house · NE11 9EY
Sold STCReduced £4k (−3.4%) on 7 OctListed 124 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled within a well-established and highly sought-after residential area, this three-bedroom mid-terraced home presents an exciting opportunity for buyers looking to create a home tailored to their own tastes and requirements.
Requiring a programme of refurbishment and modernisation, the property offers excellent potential and will particularly appeal to first-time buyers, families, investors, or those seeking a long-term home with the chance to add value and personalise every aspect of the finish.
The accommodation is generously proportioned and arranged over two floors. Upon entering the property, an entrance hallway provides access to the principal ground floor rooms.
The spacious lounge offers a welcoming living area and is enhanced by a focal point fireplace, creating a natural centrepiece to the room.
A second reception room provides valuable additional living space and could be utilised as a dining room, family room, home office, or playroom depending on individual requirements.
The kitchen is positioned to the rear of the property and offers scope for redesign and improvement, allowing purchasers to create a modern and functional cooking and dining space.
To the first floor, there are three well-proportioned bedrooms, all offering good levels of natural light and flexibility for a variety of living arrangements.
The family bathroom completes the accommodation on this level. Externally, the property benefits from a small garden to the front, providing an attractive approach to the home.
To the rear, an enclosed courtyard offers additional outdoor space.
The property enjoys a convenient location within Dunston, where a range of everyday amenities, shops, supermarkets, schools, and leisure facilities are readily available.
Transport links provide access to Newcastle City Centre, Gateshead, the Metrocentre, and surrounding areas, making this an ideal choice for commuters.
With its generous accommodation, excellent potential, and desirable location, this property represents a fantastic opportunity to create a home perfectly suited to modern living.
Agents Notes We are currently awaiting clarification regarding the building regulations for the extension to the front of the property to create a larger lounge and entrance porch.
Any prospective purchasers must obtain confirmation of the requirements before proceeding with a purchase.
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 in the area 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
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 advisors before making any investment decisions.
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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
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FAQ
About 24 Fowler Gardens, Gateshead
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