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Gateshead, NE8

£70,000|Studio | 0 bedroom | Ask agent|↑24.44% compared to last sold price
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Approximate area: NE8
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Added on 7th May 2026 by WPG lettings, Newcastle Upon Tyne
On the market for 4 months, 7 days
Summary
Ideal Investment Opportunity - High Yield Buy-to-Let Excellent opportunity to purchase a tenanted buy-to-let investment property offering a strong immediate return. The property is being sold with a tenant already in situ and is lcoated in the popular area of Ochre Yards.
Price history
2011 £56,250
  (-33.04%)
2005 £84,000
£50k£60k£70k£80k£90k20052011201720232026Asking £70,000
Sold pricesAsking price since listing
EPC data
Date of EPC: 4th September 2020 - Valid
EPC rating: B
Property age: 2003-2006
EPC energy efficiency rating: current 84, potential 84
Rent data
4 properties with the same number of bedrooms and style in the same area to let
The asking rent ranges from £695 to £750 which represents a yield of between 11.9% and 12.9% if buying at the asking price
A yield of 13.2% to 14.3% if purchased for 90% of the asking price (£63,000)
A yield of 14.9% to 16.1% 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