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See how verdicts work3-bedroom flat · NE10 9NE
Sold STCListed 201 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within an attractive stone-built terrace, this spacious three-bedroom first floor apartment offers generous living space, high ceilings and its own private entrance, making it an ideal choice for first-time buyers, downsizers or investors in a convenient and well-connected location.
Accessed via its own entrance, the property opens to a hallway leading to all principal rooms.
The living room is a particularly impressive space, offering ample room for both seating and dining, with large windows allowing for plenty of natural light, creating a bright and welcoming atmosphere.
The kitchen is well laid out with a good range of units and workspace, providing everything needed for day-to-day cooking.
There is also scope for buyers to personalise and update to their own taste if desired, making it ideal for those looking to add value.
There are three bedrooms, including a spacious main bedroom and two further rooms which could be used as additional bedrooms, a home office or guest accommodation, offering flexibility to suit a variety of needs and lifestyles.
The bathroom is fitted with a three-piece suite including bath with shower over, wash hand basin and WC, presented in a clean and functional style.
Externally, the property benefits from a private entrance and sits within a pleasant terrace setting, with on-street parking available nearby and a low-maintenance approach.
Rochester Terrace is ideally situated within easy reach of local amenities, shops and transport links.
The property is well placed for access to Gateshead and Newcastle city centre, making it ideal for commuters.
Nearby green spaces, supermarkets and local schools further enhance the appeal, offering a convenient and well-connected location for a range of buyers, with regular bus routes and road links close at hand.
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
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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 Rochester Terrace, Gateshead
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