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See how verdicts work2-bedroom flat · NE8 4RX
For saleListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within a popular residential location, this two bedroom first floor flat presents an an opportunity for first time buyers looking to step onto the property ladder, as well as investors seeking to add to their portfolio.
The accommodation begins with an entrance lobby, incorporating a staircase leading to the first floor landing, which provides access to the principal rooms.
The lounge is positioned to the rear of the property and offers a comfortable living space, featuring a focal point fireplace set within the chimney breast.
Open access leads through to the dining area, which has been created from the former third bedroom, providing a versatile space ideal for family meals, entertaining guests or everyday dining.
The kitchen is accessed directly from the lounge and is fitted with a range of wall and base units, offering storage and preparation space, together with built-in cooking appliances.
There are two bedrooms, both positioned to the front of the property.
The main bedroom is particularly spacious and enjoys a wealth of traditional character, with a charming bay window, decorative coving to the ceiling, a central ceiling rose and an attractive traditional style decorative fireplace set to the chimney breast.
These features combine to give the room a distinctive sense of character and charm.
The second bedroom offers additional accommodation and would be suitable for use as a guest bedroom, child's room or home office, depending on individual needs.
Completing the accommodation is the bathroom, which is fitted with a white suite comprising a bath with shower mixer tap fitting, a WC and a hand wash basin set within a vanity storage unit.
In terms of location, property is ideally placed for enjoying the amenities of the surrounding area, including the popular Saltwell Park, which provides attractive green space for walking, relaxation and outdoor recreation.
A range of local shops and everyday amenities are also readily accessible, while transport links offer convenient commuter access to Newcastle city centre and the surrounding areas.
Early viewing is highly recommended to fully appreciate the accommodation, location and opportunity on offer.
EPC Rating: C Lounge (3.96m x 3.05m) Dining Area (4.40m x 2.25m) Kitchen (2.33m x 2.29m) Bathroom (1.89m x 1.48m) Bedroom (4.16m x 3.53m) Bedroom (2.58m x 2.33m) Property Information Local Authority: Gateshead Flood Risk: This property is listed as currently having a very low risk of surface water flooding and a very low risk of river and sea water 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
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
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 42 Fern Dene Road, Gateshead
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