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See how verdicts work1-bedroom flat · NE10 8JP
Listing removedListed 166 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with no onward chain, this stunning ground floor flat presents an exceptional opportunity for a wide range of buyers including first time purchasers, investors and those looking to downsize into a stylish and manageable home.
Beautifully presented and ready to move straight into, the property offers modern living accommodation combined with attractive outdoor space, making it a true turn-key home.
Upon entering the property, you are welcomed by an entrance hallway.
The heart of the home is the beautiful lounge, a warm and inviting living space featuring a charming focal point fireplace set within the chimney breast, creating a cosy yet elegant atmosphere.
Patio door provide direct access out to the enclosed rear garden, seamlessly blending indoor and outdoor living.
The fitted kitchen is equally impressive, offering a stylish range of modern wall and base units complemented by ample work surface space and built in cooking appliances, ideal for both everyday use and entertaining alike.
The accommodation further benefits from a generously sized double bedroom and a bathroom fitted with a modern white suite, complete with a mains-fed shower over the bath for added convenience.
Externally, the property continues to impress with its enclosed rear garden, providing an outdoor retreat perfect for relaxing or socialising during the warmer months.
The garden has been thoughtfully designed with a gravelled patio seating area and a raised lawned section.
Ideally situated within Leam Lane, the property is conveniently placed for access to a variety of local shops, amenities and facilities, as well as transport links offering commuter access to surrounding areas.
Combining stylish interiors, outdoor space and a sought-after location, this superb flat truly must be viewed to be fully appreciated.
Lounge (4.72m x 3.28m) Kitchen (2.70m x 2.68m) Bedroom (3.6m x 3.1m) Bathroom (2.36m x 2.33m) 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
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 91 Sheraton, Gateshead
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