2-bedroom house · NE9 5LP
Listing removedReduced £9.9k (−9%) on 21 AugListed 96 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Appealing to first-time buyers, professionals and investors alike, this well-presented two-bedroom terraced home offers deceptively spacious accommodation arranged over three generous floors.
Combining character features with modern conveniences, the property provides versatile living space that is ready to move straight into while also offering excellent potential as a first home, buy-to-let investment or downsizing opportunity.
The accommodation begins with an entrance hallway, providing access to the principal reception rooms.
The inviting lounge features an attractive decorative fireplace that creates a focal point to the room, together with elegant ceiling coving.
The staircase to the first floor is conveniently positioned within the lounge, adding to the traditional layout of the home.
The separate dining room offers excellent flexibility to suit a variety of lifestyles.
Benefiting from built-in storage to one alcove and decorative ceiling coving, this well-proportioned room could easily be used as a formal dining room, home office, family room or even an occasional third bedroom, depending on individual requirements.
A staircase from the entrance hallway leads to the lower ground floor, where the property continues to impress with a spacious modern fitted kitchen.
Thoughtfully designed with a range of wall and base units, complementary work surfaces and built in cooking appliances, the kitchen offers ample space for food preparation and everyday dining.
Also located on this level is a ground floor bathroom, fitted with a modern suite, together with a particularly useful utility and storage room, providing valuable additional space for laundry appliances, household storage or workshop use.
The first floor comprises two generously sized double bedrooms, both offering comfortable accommodation.
The principal bedroom benefits from the added luxury of an en-suite shower room, while the second bedroom is equally spacious and ideal for guests, family members or those working from home.
Externally, the property enjoys an enclosed rear courtyard.
Conveniently situated within a popular residential location, the property enjoys access to a wide range of local shops, schools, supermarkets and everyday amenities, together with superb transport links making commuting to surrounding towns and city centres straightforward.
Early viewing is highly recommended.
EPC Rating: D Lounge (4.00m x 3.03m) Dining Room (3.26m x 2.74m) Kitchen (4.12m x 2.34m) Bathroom (2.46m x 1.54m) Utility / Store Room (4.09m x 3.15m) Bedroom One (4.07m x 3.33m) En-Suite (2.34m x 0.96m) Bedroom Two (4.21m x 2.40m) Agents Notes We are currently awaiting clarification regarding the building regulations for the installation of an en-suite to the main bedroom.
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, 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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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.
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FAQ
About 8 Fullerton Place, Gateshead
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