1-bedroom flat · NE9 5BY
Let agreedListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** AVAILABLE IMMEDIATELY - OVER 60'S PROPERTY *** Situated on the ground floor on a furnished basis is this lovely one bedroom apartment situated in Dryden Court within the ever popular area of Low Fell.
The accommodation benefits from double glazing and electric heating throughout.
The accommodation briefly comprises; secure intercom entry system, communal entrance providing lift and stair access to all apartments, apartment hallway, lounge with dining area which has direct access to the communal gardens and double doors which open into the kitchen.
The kitchen has an integrated oven, hob, microwave along with an integrated fridge and freezer.
The bright and airy bedroom comes with the benefit of two built in wardrobes and a modern shower room/wc. Externally there are beautiful well maintained, communal gardens and residents parking.
There is a communal laundry room and a guest room available for visitors. Early viewings are hight recommended to avoid disappointment. Communal Entrance - Accessed by a secure entry system.
Apartment Hallway - Open entrance hallway with doors leading to the shower room, lounge, bedroom and a handy storage cupboard.
Lounge/Dining Room - Bright and airy lounge/dining room with and electric fire, UPVC patio door leading onto the communal gardens and double doors leading through to the kitchen.
Kitchen - Fitted with a range of modern wall and base units, integrated oven, hob, microwave, fridge and freezer. A UPVC window overlooks the front aspect.
Bedroom - Spacious bedroom with built in wardrobes, electric heater and a UPVC window overlooking the front aspect.
Shower Room - Larger style shower cubicle, wash basin, low level WC and storgage space. External Areas - Well maintained, communal gardens and off street parking.
Agent Note - Holding Deposit: To hold this property from other viewings while references are carried out we take one weeks rent as a holding deposit which is off-set against the first months rent.
This one weeks rent will be taken to secure the property and will be held for 15 calendar days (unless otherwise expressly agreed) in order to complete all tenancy documents.
This amount will be attributed to the first month’s rent following the execution of all tenancy documents within the 15 calendar days of receipt of the holding deposit.
This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and/or Deed of Guarantee) within 15 Calendar days Upfront Costs: 1 Months rent to be taken after signing the Tenancy Agreement 5 Weeks rent amount as a damage deposit to be held in a Government approved deposit scheme
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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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 Dryden Road, Gateshead
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