4-bedroom house · NE8 3JH
Listing removedListed 185 days
Opportunity summary
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About
A highly impressive and versatile family home, offering beautifully presented living accommodation arranged over three floors.
Formerly configured as five bedrooms, the property has been thoughtfully refurbished and reimagined by the current owner to create a stylish and practical living environment, ideal for modern family life.
Upon entering, you are welcomed by a spacious entrance hallway that immediately sets the tone for the remainder of the home. A beautifully appointed guest WC is conveniently located here.
The heart of the home lies in the outstanding open-plan dining kitchen and family room.
The kitchen itself showcases a sleek and contemporary range of units, complemented by attractive work surfaces, built-in cooking appliances, and an integrated fridge/freezer.
The adjoining dining area provides ample space for a family dining table and chairs, with sliding patio doors leading directly to the rear garden.
From here, open access flows seamlessly into the family area – a perfect space for relaxation and everyday living.
The first floor offers a wonderfully bright and spacious formal lounge, enhanced by two windows that overlook the rear garden.
This floor also accommodates two well-proportioned bedrooms, one of which benefits from patio doors opening to a Juliet-style balcony, creating an attractive feature and an additional sense of light and space.
The master suite lies to the second floor and enjoys access to a stylishly appointed en-suite shower room.
A further double bedroom can be found on this level, together with a luxurious family bathroom complete with a modern white suite, including a panelled bath with a ceiling-mounted rainfall-style shower above.
In addition, the loft space has been partially boarded and is accessed via a pull-down ladder, providing valuable extra storage. Externally, this home continues to impress.
The front garden is laid to lawn, while the enclosed rear garden features both a lawn and a block-paved patio area – perfect for outdoor dining and entertaining.
A block-paved driveway provides off-street parking and leads to a single garage, ensuring practicality as well as kerb appeal.
Ideally located, the property is within convenient reach of the wide range of shops, schools, and amenities available in and around Gateshead Town Centre.
Transport links and services also provide convenient access to Newcastle, surrounding areas, and beyond, making this a superb choice for families and professionals alike.
EPC Rating: C Dining Kitchen/Family Area (8.53m x 5.03m) Formal Lounge (5.00m x 4.29m) Bedroom Three (3.56m x 2.74m) Study/Bedroom Four (2.16m x 2.11m) Master Bedroom (4.90m x 2.97m) Bedroom Two (4.24m x 2.79m)
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.
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FAQ
About 41 Ovett Gardens, Gateshead
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