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Gateshead, NE8

SOLD STC|£70,000|Flat | 2 bedroom | Leasehold
Approximate area: NE8
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Added on 4th March 2026 by Jan Mitchell Properties, Covering North East
Sale agreed after 6 months, 11 days
Summary
Jan Mitchell Properties are delighted to offer for sale this two bedroom ground floor flat with private rear yard on Shipcote Terrace, offered with No Onward Chain, that would make an ideal purchase for the first time buyer, down-sizer or investor alike.
EPC data
Date of EPC: 1st July 2026 - Valid
EPC rating: C
Property age: 1900-1929
EPC energy efficiency rating: current 72, potential 78
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 10.7% and 28.3% if buying at the asking price
A yield of 11.9% to 31.4% if purchased for 90% of the asking price (£63,000)
A yield of 13.4% to 35.4% if purchased for 80% of the asking price (£56,000)
Stamp duty
£
Main and only residence: £0.00
First-time buyer: £0.00
Buy-to-let: £3,500.00
Planning applications
Checking for planning applications…
Changes to property since tracking began
None