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3 Bed Flat, Single Let, Gateshead, NE8 4AH £75,000

Northbourne Street, Gateshead, NE8 4AH - 2 views - 2 months ago
  1. Deal Search
  2. Gateshead
  3. NE8
  4. NE8 4AH
Sold STC
Leasehold
BTL
ROI: 6%
~93 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Gateshead
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Property History

Listed for £75,000

October 19, 2025

Description

  • 3 bed upper flat +
  • Great opportunity for first time buyers and investors alike +

3 bed upper Tyneside flat, Shipcote, Gateshead

Tucked just off Durham Road in popular Shipcote, this well-proportioned upper Tyneside flat pairs a generous bay-fronted main bedroom with two further doubles, a bright lounge, and a practical galley kitchen leading to a modern, part-tiled/part-cladded bathroom. With 988 years remaining on the lease (peppercorn ground rent) and no service charge, it’s a low-maintenance, great-value first home or investment at £75,000.

For investors

Guide rent circa £650 pcm
Long lease with peppercorn ground rent and no service charge supports low running costs.
EPC C and Band A council tax help affordability for tenants.
Strong local rental demand for well-located three-bed flats near Durham Road .

Local amenities

Green space: Saltwell Park’s lakes, gardens and café are within easy reach.
Shopping and leisure: Gateshead town centre and the Quays offer supermarkets, gyms, cafés, music venues and galleries.
Healthcare: Multiple GP surgeries and pharmacies serve NE8.
Education: A choice of primary and secondary schools plus Gateshead College nearby.

Transport links

Buses along Durham Road connect to Gateshead Interchange, Newcastle city centre, Low Fell and Durham.
Metro: Gateshead and Gateshead Stadium stations provide frequent services across Tyneside.
Rail: Newcastle Central Station is within easy reach for regional and national trains.
Road: Handy for the A167 into Newcastle and the A1(M) via the Western Bypass.
Air: Newcastle International Airport is roughly 10–12 miles away, with Metro links from the city centre.

General Information

Address: Northbourne Street, Gateshead, NE8 4AH
Property type: Upper Tyneside flat (end-terrace)
Bedrooms/bathrooms: 3 bedrooms, 1 bathroom
Internal area: Approx 742 sq ft / 69 m²
Layout: Large bay-fronted main bedroom with two windows; two further small doubles (third off the lounge); galley kitchen; bathroom part tiled/part cladded
Tenure: Leasehold - 999 years from 1 June 2014; approx. 988 years remaining
Ground rent: Peppercorn (vendor advised)
Service charge: None (vendor advised)
Council: Gateshead; Council Tax Band A (estimate ~£1,719 p.a.)
EPC: C (70) — Potential C (77); valid to 17/01/2032; certificate no. 0832-6629-4100-0688-2296
Heating and glazing: Gas boiler with radiators; double glazing (post-2002); low-energy lighting in ~75% of fixed outlets
Flood risk: Rivers and sea - Very low; Surface water - Very low
Building regs history: Gas-fired boiler installation signed off May 2014; cavity wall insulation recorded March 2012
Year built: 1900–1929
Lease details: Lease start 17/08/2014; lease term 999 years from 01/06/2014; lease end 01/06/3013

Estimated rent: circa £650 pcm (vendor advised)

Agent Details

10Homes, Gateshead

0191 625 0254

Next Steps?

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

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