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Gateshead, NE8

UNDER OFFER|£53,000|Flat | 2 bedroom | Leasehold|↑32.5% compared to last sold price
Approximate area: NE8
Approximate area - log in to see the exact location
Added on 10th February 2026 by Let Property Sales & Management, Glasgow
Sale agreed after 7 months, 2 days
Summary
Buy-to-Let Opportunity | Cash Only Offers | Tenants Currently Situated | 2 bedroom Flat | Communal Rear Garden | Easy Access to Local Amenities | Prime Rental Location- Gateshead
Price history
2006 £40,000
£40k£45k£50k£55k20062011201620212026Asking £53,000
Sold pricesAsking price since listing
EPC data
Date of EPC: 24th August 2025 - Valid
EPC rating: C
Property age: 1900-1929
EPC energy efficiency rating: current 72, potential 76
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 14.2% and 37.4% if buying at the asking price
A yield of 15.7% to 41.5% if purchased for 90% of the asking price (£47,700)
A yield of 17.7% to 46.7% if purchased for 80% of the asking price (£42,400)
Stamp duty
£
Main and only residence: £0.00
First-time buyer: £0.00
Buy-to-let: £2,650.00
Planning applications
Checking for planning applications…
Changes to property since tracking began
None