3-bedroom flat · NE8 3FB
Sold STCListed 65 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well-presented and generously proportioned, this top floor apartment is set within a popular modern residential development, making it an excellent opportunity for a range of buyers, including first-time purchasers, professionals, and investors alike.
The property is offered for sale with no onward chain and is ideally located, for access to a variety of local amenities and facilities, including shops, schools, leisure opportunities, and health services.
Transport links and road networks provide convenient access to surrounding areas and beyond.
The living space begins with an apartment hallway that leads into a spacious and versatile lounge/diner, perfect for both relaxation and entertaining.
The fitted dining kitchen is equipped with a range of wall and units, built in cooking appliances, and has ample space for additional white goods.
There are three well-proportioned bedrooms, offering flexibility for use as sleeping accommodation, a home office, or a guest room, depending on lifestyle needs.
The property also includes a modern bathroom, fitted with a three-piece suite and an electric shower over the bath.
Externally, the apartment is further enhanced by the provision of an allocated parking bay.
In summary, this apartment combines a prime position within a popular development, generous living space, and the convenience of no onward chain, making it a must-view property for those seeking comfort, practicality, and accessibility.
Lounge/Diner (7.3m x 4.3m) Dining Kitchen (4.9m x 3.5m) Bedroom One (4.3m x 2.8m) Bedroom Two (3.3m x 3.1m) Bedroom Three (2.8m x 2.1m) Bathroom (2.2m x 2.2m) Tenure Sarah Mains Residential have been advised by the vendor that this property is leasehold 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 tenure before proceeding to purchase the property.
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, Superfast 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.
Parking - Allocated Parking
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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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.
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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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About 3 Angel Avenue, Gateshead
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