2-bedroom flat · NE9 6AS
Listing removedListed 53 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this charming apartment located in the desirable area of Blacklock Close, Gateshead.
This modern property boasts two spacious double bedrooms, making it an ideal choice for couples or professionals seeking a comfortable living space.
As you enter, you will be greeted by an inviting open plan lounge and kitchen area, perfect for entertaining guests or enjoying a quiet evening at home.
The layout is designed to maximise space and light, creating a warm and welcoming atmosphere. The apartment features two well-appointed bathrooms, ensuring convenience and privacy for all residents.
Parking is available for one vehicle, providing ease of access to your home.
The location is particularly advantageous, being in close proximity to the Queen Elizabeth Hospital, making it an excellent option for healthcare professionals or those who require regular visits.
Additionally, the property benefits from excellent transport links, allowing for easy commutes to nearby areas and the city centre.
This apartment presents a wonderful opportunity for those looking to settle in a vibrant community with all essential amenities within reach.
With its modern features and prime location, this property is not to be missed. We invite you to come and experience the charm of Blacklock Close for yourself.
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.
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
Agent & docs
FAQ
About Blacklock Close, Gateshead
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