3-bedroom flat · NE8 4AE
Listing removedReduced £55 (−7.3%) on 2 SepListed 102 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this charming upper flat located on Northbourne Street in the desirable area of Deckham, Gateshead.
This delightful property boasts three well-proportioned bedrooms, making it an ideal choice for families or professionals seeking extra space.
As you enter, you will find a welcoming reception room that provides a perfect setting for relaxation or entertaining guests.
The fitted kitchen is both functional and stylish, equipped to meet all your culinary needs. The modern bathroom adds a touch of luxury, ensuring comfort and convenience for all residents.
Situated close to local amenities, this flat offers easy access to shops, schools, and transport links, making daily life both convenient and enjoyable.
Whether you are looking to settle down or invest, this property presents a wonderful opportunity in a vibrant community. Do not miss the chance to make this lovely flat your new home.
Entrance Hall Stairway/Landing Lounge (4.52m x 3.53m (14'10 x 11'7)) Kitchen (2.54m x 1.93m (8'4 x 6'4)) Bedroom One (4.34m x 3.53m (14'3 x 11'7)) Bedroom Two (3.45m x 2.29m (11'4 x 7'6)) Bedroom Three (2.67m x 2.29m (8'9 x 7'6)) Bathroom (2.01m x 1.47m (6'7 x 4'10)) External Lettings Disclaimer We require Rent on tenancy commencement = £750 One months damage deposit = £750 To hold this property from other viewings while references are carried out, we require one weeks rent as a holding deposit.
Please note, we cannot accept any rent in advance of tenancy and rental bidding is not permitted.
For more information, please consult The particulars on these properties are set out as a general guidance for intended for tenants contracts The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose.
Tenants should not rely on them as statements of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them.
Items shown in photographs are not included unless specifically mentioned within the particulars. Measurements have been taken using a laser distance meter and may be subject to a margin of error.
For further information see the Consumer Protection from Unfair Trading.
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
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FAQ
About 119, Northbourne Street, Gateshead
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