Studio flat · NE10 8QL
Listing removedListed 108 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 2962497. 1st floor studio flat Good location for gateshead and queen elizabeth hospital DSS welcome with guarantor.
Unfurnished Cooker included, plumbing and space for washer Mains smoke alarm living room/bedroom separate kitchen hallway with wardrobe hanging rails leads to Shower room with sink and WC, new shower fitted further photo, 'S to follow as sorting out.
Nature reserve behind the building and over the road private parking in building carpark EPC just completed new electric check completed Available end of July, possibly sooner depending on references/veiwings etc long term let available.
Will prefer A tenant looking for A longer stay but obviously guided by new rent reforms References will be required Deposit set at 5 weeks, may do 4 depending on application Summary & Exclusions: - Rent Amount: £410.00 per month (£94.62 per week) - Deposit / Bond: £473.07 - 1 Bedrooms - 1 Bathrooms - Property comes unfurnished - Available to move in from 31 July 2026 - Maximum number of tenants is 2 - Students welcome to enquire - Smokers considered - Bills not included - Property has parking - Property has garden access - EPC Rating: D If calling, please quote reference: 2962497 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
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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
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FAQ
About Dykes Way, Dykes Way Gateshead, Gateshead
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