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Gateshead, NE9

£48,000|Flat | 2 bedroom | Leasehold|↓20% compared to last sold price
Approximate area: NE9
Approximate area - log in to see the exact location
Added on 20th May 2026 by Let Property Sales & Management, Glasgow
On the market for 3 months, 24 days
Summary
Buy-to-Let Opportunity | Tenant Currently Situated | 2 Bedroom Flat | Bathroom | Spacious Rooms | Prime Rental Location Within Gateshead
Price history
2009 £60,000
  (-9.09%)
2006 £66,000
  (+53.67%)
2004 £42,950
£40k£50k£60k£70k200420122020Jun 26Aug 26Asking £48,000
Sold pricesAsking price since listing
EPC data
Date of EPC: 24th June 2023 - Valid
EPC rating: D
Property age: 1900-1929
EPC energy efficiency rating: current 61, potential 73
Rent data
15 properties with the same number of bedrooms and style in the same area to let
The asking rent ranges from £600 to £895 which represents a yield of between 15% and 22.4% if buying at the asking price
A yield of 16.7% to 24.9% if purchased for 90% of the asking price (£43,200)
A yield of 18.8% to 28% if purchased for 80% of the asking price (£38,400)
Stamp duty
£
Main and only residence: £0.00
First-time buyer: £0.00
Buy-to-let: £2,400.00
Planning applications
Checking for planning applications…
Changes to property since tracking began
On 3rd September 2026 the asking price was reduced from £50,000 to £48,000
On 18th August 2026 the asking price was reduced from £53,000 to £50,000
On 29th June 2026 the asking price was increased from £47,000 to £53,000
On 10th June 2026 the asking price was reduced from £49,000 to £47,000
On 2nd June 2026 the asking price was reduced from £50,000 to £49,000
On 23rd May 2026 the asking price was reduced from £55,000 to £50,000