2-bedroom flat
To rentListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 3083588. This is a comfortable and fully furnished two bedrooms flat on the first floor at Affleck Street in Gateshead.
It is ready to move in and is perfect for two working professionals, students, or a small family. Inside the flat, you will find a bright living room with sofas and a coffee table.
There is one large double bedroom with fitted wardrobes and a second smaller bedroom that works great as a single bedroom or a home study.
The flat also includes a fully equipped kitchen with a fridge freezer, washing machine, and cooker, plus a clean bathroom with a bath and shower. The location is very convenient for daily life.
You can quickly walk or catch a short bus ride to Gateshead town centre and Trinity Square, where you will find a large Tesco supermarket, shops, cafes, and a cinema.
Getting around is simple because the flat has great transport links. Gateshead Metro station and main bus stops are nearby, allowing you to reach Newcastle city centre in just ten minutes.
For students and families, the area is close to local primary schools such as South Street Primary School and offers direct routes to Newcastle University and Northumbria University campus sites.
If you would like to arrange a viewing or ask any questions, please feel free to get in touch.
Summary & Exclusions: - Rent Amount: £830.00 per month (£191.54 per week) - Deposit / Bond: £830.00 - 2 Bedrooms - 1 Bathrooms - Property comes furnished - Available to move in from 23 December 2026 - Maximum number of tenants is 2 - Students welcome to enquire - No Smokers - Bills not included - Property has parking - No Garden Access - Property has fireplace - EPC Rating: D If calling, please quote reference: 3083588 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.
OpenRent endeavours to make all property particulars as accurate and reliable as possible, however if you require any further clarification or information please contact us.
When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.
This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.
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.
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