3-bedroom flat · NE9 6QY
Sold STCListed 132 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***NO ONWARD CHAIN*** Spacious upper flat located within close proximity to the Queen Elizabeth Hospital.
The accommodation will be of interest to a wide range of people and we would strongly advise early viewing to avoid disappointment.
The internal layout comprises entrance hall with stairs leading up to the first floor landing, good size living / dining room, fitted kitchen, lovely refitted bathroom and three bedrooms.
Externally to the front elevation is a lawned garden with hedging. There is ample on street parking available.
The property is located in a popular central area which has great access for local schools, shops and leisure facilities.
Excellent road links giving access into Gateshead, Newcastle, Team Valley Retail Park and the Metro Centre.
There is also a frequent local bus service in operation in the area and the property has easy access to Gateshead Metro station.
ENTRANCE HALLWAY Accessed via a composite front door with double glazed window to the front elevation. Stairs lead up to the first floor landing. Useful built in storage cupboard and fitted carpet.
FIRST FLOOR LANDING 9' 1" x 27' 2" (2.792m x 8.305m) Doors leading off into three bedrooms, reception room, kitchen and bathroom.
The hallway is warmed by a double central heating radiator and also has loft access. Double glazed window to the side elevation and fitted carpet.
LIVING / DINING ROOM 14' 11" x 16' 7" (4.550m x 5.079m) A very pleasant reception room with two double glazed windows offering views over the rear elevation.
The focal point of the room is a modern fire surround and hearth with coal effect electric fire. The room has two double central heating radiators, blinds and fitted carpet.
KITCHEN 7' 10" x 11' 5" (2.391m x 3.497m) Fitted with a range of beech effect wall and base units and drawers with contrasting roll top work surfaces and tiled splash backs.
Space for slot in electric cooker also ample floor space for free standing fridge freezer. Stainless steel sink and drainer unit and plumbing for a washing machine.
The kitchen has a wall mounted combi boiler and central heating radiator. With vinyl flooring and a double glazed window to the rear of the property.
BEDROOM ONE 9' 11" x 13' 5" (3.023m x 4.098m) Good size double bedroom with a full wall of mirror fronted sliding door wardrobes.
The room has two double glazed windows to the front of the property and is warmed via a double central heating radiator. With fitted carpet and blinds.
BEDROOM TWO 11' 3" x 9' 10" (3.432m x 3.013m) This double bedroom is located to the front of the accommodation. With double glazed window and blind, fitted carpet and double central heating radiator.
BEDROOM THREE 11' 6" x 6' 11" (3.529m x 2.119m) This bedroom has a built in cupboard, double glazed window to the side elevation and double central heating radiator. With fitted carpet and blind.
BATHROOM 7' 8" x 5' 7" (2.342m x 1.707m) Well presented bathroom comprising white panelled bath with overhead shower and glass shower screen, low level WC and vanity unit with hand basin and storage.
Partially tiled walls, vinyl flooring and spot lights to the ceiling. The bathroom has a central heating radiator and two double glazed windows with privacy glass.
EXTERNALLY Externally to the front elevation is a lawned garden with hedging. There is ample on street parking available.
DISCLAIMER These details have been prepared by our agency staff using both information provided to us by the vendor and following internal inspection.
Please be advised particulars may still be awaiting verification and approval from the vendors and therefore should not be relied for anything other than general information.
Fixtures and fittings included are to be agreed with the vendor and any photographs or mention of fitted appliances does not imply they are in working order.
Internal measurements are taken as a guide only for prospective purchasers and may not be precise.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Causeway, Carr Hill, Gateshead
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