3-bedroom detached house · NE8 2US
Listing removedReduced £55k (−20%) on 21 JunListed 384 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary This charming, recently refurbished 3-bedroom detached house for sale is located in the heart of Gateshead, a highly sought-after area.
It presents a fantastic opportunity for both families and professionals, combining traditional and modern living perfectly.
Upon entering, you are greeted by a spacious hallway that leads to cloakroom W/C and two generously sized reception rooms.
These areas are ideal for relaxation and entertainment, featuring large windows that allow an abundance of natural light to fill the space.
The property offers three well-proportioned bedrooms, making it perfect for a growing family. The kitchen is equipped with modern appliances and ample counter space, making meal preparation easy.
A dining area conveniently adjacent to the kitchen allows for effortless serving and an enjoyable dining experience.
This home also benefits from sleek and modern bathrooms, carefully designed for optimal comfort.
Externally, the property features off-street parking and a delightful rear garden, perfect for summer barbecues or simply enjoying a relaxing afternoon outdoors in pleasant weather.
If proximity to local amenities is important in your property search, this house will not disappoint, as it is conveniently located just a short distance from shops, schools, and public transport links.
In summary, this elegant detached house is more than just a home; it's a lifestyle.
It is a gem not to be missed, thanks to its fantastic features, unbeatable location, and clear potential to be the dream home you've been waiting for.
Don't hesitatecall us at Pattinson Estate Agents to arrange a viewing! Council Tax Band: C Tenure: Freehold
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 3, First Street, Gateshead
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