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Gateshead, NE8

SOLD STC|£60,000|Flat | 2 bedroom | Leasehold|↑87.5% compared to last sold price
Approximate area: NE8
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Added on 2nd January 2026 by Pattinson Estate Agents, Low Fell
Sale agreed after 8 months, 11 days
Summary
Available with a sitting tenant if required, this two-bedroom property (formerly three bedrooms) presents excellent rental potential. In need of some modernisation, the home benefits from UPVC double-glazed windows and gas heating via a combi boiler. Situated in Shipcote, just off Durham Road ...
Price history
2003 £32,000
£30k£40k£50k£60k20032009201520212026Asking £60,000
Sold pricesAsking price since listing
EPC data
Date of EPC: 20th January 2026 - Valid
EPC rating: C
Property age: 1900-1929
EPC energy efficiency rating: current 72, potential 75
Rent data
110 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 12.5% and 33% if buying at the asking price
A yield of 13.9% to 36.7% if purchased for 90% of the asking price (£54,000)
A yield of 15.6% to 41.3% if purchased for 80% of the asking price (£48,000)
Stamp duty
£
Main and only residence: £0.00
First-time buyer: £0.00
Buy-to-let: £3,000.00
Planning applications
Checking for planning applications…
Changes to property since tracking began
On 1st May 2026 the status was changed from DELETED to SOLD STC
On 30th April 2026 the status was changed from SOLD STC to DELETED