3-bedroom flat · NE8 4AE
Listing removedListed 46 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Seekers are delighted to market this well-presented Three-bedroom upper flat situated on Northbourne Street, Gateshead.
Recently refreshed throughout with modern décor and new flooring, the property provides spacious and comfortable accommodation ideal for professionals, couples, or small families.
The accommodation briefly comprises an entrance hallway with stairs leading to the first-floor landing, a bright and spacious lounge, a fitted kitchen with a range of wall and base units, three well-proportioned bedrooms, and a bathroom complete with a white suite and shower over bath.
The property benefits from gas central heating, double glazing, and neutral decoration throughout, allowing new tenants to move straight in and make the property their home.
Conveniently located within easy reach of local amenities, schools, transport links, Gateshead Town Centre, and Newcastle City Centre, the property is ideally positioned for commuters.
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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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
Agent & docs
FAQ
About 119, Northbourne Street, Gateshead
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