1-bedroom house · NE8 4DT
Listing removedListed 36 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 3040232.
Room 5 ** double en-suite room ** available now ** fully furnished ** recently refurbished ** six bed professional house share ** all bills included ** single occupants only ** £550 P/M ** zero deposit available via the reposit deposit replacement scheme.
We are pleased to present this brand new fully furnished six bed house share that has undergone a full renovation located on Prince Consort Road, Gateshead.
The property comprises of 6 bedrooms with en-suite bathrooms, with a private rear yard and off street parking.
Private rear yard includes a cycle/scooter storage shed with electric socket for charging. The kitchen includes fridge freezer, washing machine, tumble dryer.
Each tenant has a kitchen cupboard with their own food storage, tableware and cutlery.
All bedrooms are to include double bed, mattress, wardrobe, bedroom linen, chest of drawers and desk with a folding chair. Virgin superfast broadband with speeds of 1000Mbps.
The property is located close to Gateshead and Newcastle city centre.
Newcastle city centre is a quick commute with cycle tracks and bus lanes nearby, and can be accessed in: - 8 minutes by car/taxi - 8 minute cycle/electric scooter - 10 minutes via bus - 30 minute walk All bills included - gas, water, electricity, council tax, internet, cleaner and TV license.
Viewing highly recommended. Contact OpenRent today for more details or to arrange a viewing!
Rent £550.00 per month Deposit / Bond is £550.00 Maximum number of tenants per room is 1 Summary & Exclusions: - Rent Amount: £550.00 per month (£126.92 per week) - Deposit / Bond: £550.00 - 1 Bedroom Property (1 room currently available for rent) - 1 Bathrooms - Property comes furnished - Available to move in from 20 September 2026 - Maximum number of tenants is 1 - No Students - No Smokers - Bills Included - Property has parking - Property has garden access - EPC Rating: EPC Not Required (Shared Accommodation) If calling, please quote reference: 3040232 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.
Area
Agent & docs
FAQ
About Room And EnSuite, Prince Consort Road, Gateshead
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