3-bedroom flat · NE8 1XQ
Sold STCListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Please Quote ref: LN1525 The views. Let's start there. Because honestly, they're the first thing you need to know about.
This is an upper floor Tyneside flat in Bensham, Gateshead, and the two front bedrooms have completely unobstructed views stretching for miles.
They're genuinely gorgeous, and the principal bedroom in particular has one of those views that makes waking up feel a little bit more special.
The second front bedroom is currently being used as a home office, and i'm sure those views would make you feel much more productive when working from home.
The layout is really versatile too, with three bedrooms in total. The third bedroom at the rear is currently being used as a fantastic dressing room but also acts as the perfect guest room.
To the rear of the flat you'll find a large living space with a semi-open kitchen, giving you a good amount of room for both everyday life and entertaining.
From here, there's access down to the private yard, which is a great size and perfect for a summer BBQ. There are also a couple of useful extras worth knowing about.
The kitchen was renovated in 2024 and a new boiler just before that.
The property was also rewired in 2022, giving some added peace of mind, and there's a large loft space which offers potential for further accommodation or an extension, subject to the necessary planning permissions.
Then there's the location. You're in Bensham, close to the popular Saltwell Park, so you've got loads of green space nearby when you fancy getting out for a walk.
You're also less than 10 minutes from the Metro Centre and around a similar distance from Newcastle city centre, putting shops, restaurants, bars and everything else the city has to offer within easy reach.
Gateshead Metro station is also within walking distance, which is particularly handy.
From there, you've got links into Newcastle city centre, out towards the coast and across the surrounding areas, as well as connections towards Newcastle Airport.
And if you're looking at this as an investment, there could be plenty to like here too.
The combination of the purchase price and potential rental income could offer a really attractive return, making this one worth a look for investors as well as first-time buyers.
Rental values are, of course, estimates and should be independently checked.
For a first-time buyer, you've got a genuinely versatile home in a really well-connected location, with the added potential to make more of the space in the future.
For an investor, you've got the potential for a strong rental return. And for both, you've got those views. They're definitely the bit you need to come to see for yourself.
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
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FAQ
About 73, Brighton Road, Gateshead
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