3-bedroom terraced house · NE8 1PJ
Let agreedListed 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
THREE BEDROOM FURNISHED TOWNHOUSE WITH GARDENS, DRIVEWAY AND EN-SUITE | AVAILABLE 7TH DECEMBER 2026 | The property briefly comprises; entrance hallway, cloakroom/WC, utility room, modern fitted kitchen and a bright, spacious lounge with access to the rear garden.
To the upper floors are three well-proportioned bedrooms, including a principal bedroom with en-suite shower room, together with a family bathroom.
Further benefits include gas central heating, double glazing, private rear garden and off-street parking. Energy Efficiency Rating C. Council Tax Band C.
Holding Deposit: One weeks rent to reserve, then taken off move in monies. Damage Deposit: Five weeks rent.
Entrance Hall WC Living Room Kitchen Bedroom One Ensuite Bedroom Two Bedroom Three Material Information This property is managed by Living Spaces.
Tenure: We have been advised the property is leasehold (Please note the service charge and ground rent are payable by the landlord not tenant). Council Tax: Band C.
Authority; Utilities: Mains sewerage, water, gas and electricity are connected.
Broadband: Follow the link to check broadband providers and speeds; broadbandcheck.co.uk Mobile Phone Coverage: Follow the link to check mobile signal for all networks;signalchecker.co.uk Parking: There is off street parking available via driveway and garage.
We have not been advised of any restrictive Covenants at the outset of marketing.
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 Windmill Way, Gateshead, NE8
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