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2 Bed Flat, Potential PLO/LOA, Gateshead, NE11 9LN £60,000

Mendip Gardens, Lobley Hill, Gateshead, Tyne and Wear, NE11 9LN - 18 hours ago
  1. Deal Search
  2. Gateshead
  3. NE11
  4. NE11 9LN
Leasehold
Auction
Negative Equity
ROI: 15%
~68 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

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Property History

Listed for £60,000

-33%

December 5, 2025

Sold for £80,000

2008

Floor Plans

Description

  • Two bedrooms +
  • 10% Yield +
  • £700 Per Calendar Month +
  • Ground floor apartment +
  • Utility room +
  • Situated in Lobley hill +
  • Excellent transport links +

This property is perfect for buy-to-let investors or first-time buyers.
We are delighted to introduce to the market this splendid 2-bedroom apartment nestled in the heart of Lobley Hill, Gateshead. As part of a residential sale, this apartment promises a welcoming blend of modern living within a warm, community-focused environment.

Upon entering the apartment, inviting reception room that offers an ideal space for relaxation or for hosting guests. Neutral colours and ample space provide a delightful canvas to personalise, creating your own haven of comfort.

There are two generously proportioned bedrooms. The rooms are designed to house a range of bedroom furniture, giving you the freedom to configure the space to your liking. Each of the bedrooms boasts plenty of natural light, giving the rooms a bright and airy feel.

In addition to this, the property features a well-appointed bathroom that echoes the contemporary theme of the apartment.

Located in Lobley Hill, the apartment is perfect for people seeking a combination of city and suburban life. The area offers a rich array of amenities, including shops, dining options, and recreational facilities, all within easy reach. The location also provides a seamless commute to the city, making it an ideal home for both working professionals and families.

Early viewing is highly recommended to truly appreciate the unique offerings of this property. It blends modern convenience, comfortable living, and a superb location, making it a truly special place to call home.

Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 103 years

Agent Details

Pattinson Estate Agents, Whickham

0191 607 1630

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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