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5 Bed Flat, Gateshead, NE8 4TL £135,000

179 Saltwell Road, Gateshead, NE8 4TL - 6 months ago
  1. Deal Search
  2. Gateshead
  3. NE8
  4. NE8 4TL
Sold STC
Leasehold
~123 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Gateshead
  • More Deals in NE8

Property History

Price changed to £135,000

August 31, 2025

Listed for £140,000

June 19, 2025

Floor Plans

Description

  • Turn-key HMO with rental Valuation of £2000 - £2500 per calender month depending on market at time of completion +
  • Town Centre Location +
  • Newly Renovated +
  • Fully Furnished +
  • 2 New Bathrooms with Walk in Showers +
  • EICR And Gas Safety Certification available +
  • HMO License pending with Gateshead Council +
  • Full fire alarm detection system +
  • 5 Fully Furnished Bedrooms +

NEWLY REFURBISHEDTURN-KEY HMO INVESTMENTALL ROOMS FULLY FURNISHED**
RENTAL INCOME OF £2k-£2.5k per month**

dependent on marketing conditions at the time of completions

Presenting an excellent opportunity for investors, families, couples or first time buyers, this spacious property has been modernised to a high standard. This provides a turn key property for whoever decides to purchase. The property is ready for individual room lets as soon as the sale is completed. All compliance is in place (EICR, Gas Safety, Smoke Alarms) and the Vendor has commenced an HMO application with the local council.

The accommodation comprises; a communal entrance and hallway leading to a spacious first-floor landing. Each of the 5 bedrooms have a double bed, wardrobe, chest of drawers, desk, lamp and chair. The shared kitchen/living space includes ample storage, a large fridge/freezer, washing machine, gas hob, oven, plus extractor fan. The Lounge houses comfortable sofas for relaxing, plus dining table and chairs, lamps, coffee table and a smart TV.

There are two separate shower rooms, with walk in shower cubicles, basins, wc's and storage, a private rear yard & parking on street.

Situated less than 1 mile from Gateshead Centre and just over 1 mile to both The Queen Elizabeth Hospital and Newcastle City Centre, with a host of local amenities nearby. A1 road links both north & south are only 10 mins by car.

Agent Details

Prime Property Associates, Newcastle Upon Tyne

0191 743 9851

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Cashflows

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