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Gateshead, NE8

SOLD STC|£80,000|Flat | 2 bedroom | Leasehold|↑344.44% compared to last sold price
Approximate area: NE8
Approximate area - log in to see the exact location
Added on 4th February 2026 by Sarah Mains Residential Sales and Lettings, Low Fell
Sale agreed after 7 months, 9 days
Summary
Requiring a programme of updating and refurbishment, this two-bedroom first-floor flat presents an excellent opportunity for purchasers seeking a home they can personalise to their own taste.Situated within a popular and well-established residential location, the property is ideally positioned fo...
Price history
1998 £18,000
£0£20k£40k£60k£80k19982005201220192026Asking £80,000
Sold pricesAsking price since listing
EPC data
Date of EPC: 16th March 2026 - Valid
EPC rating: D
Property age: 1900-1929
EPC energy efficiency rating: current 55, potential 75
Rent data
107 properties with the same number of bedrooms and style in the same area to let
The asking rent ranges from £625 to £1,650 which represents a yield of between 9.4% and 24.8% if buying at the asking price
A yield of 10.4% to 27.5% if purchased for 90% of the asking price (£72,000)
A yield of 11.7% to 30.9% if purchased for 80% of the asking price (£64,000)
Stamp duty
£
Main and only residence: £0.00
First-time buyer: £0.00
Buy-to-let: £4,000.00
Planning applications
Checking for planning applications…
Changes to property since tracking began
None