Summary - 106 CHEVINGTON GATESHEAD NE10 8SB
1 bed 1 bath Flat
Affordable ground-floor flat with garden and strong rental potential.
One-bedroom ground-floor flat with private rear, front and side gardens
Approx 52 sqm (559 sq ft); practical, well-lit lounge with fireplace
Double glazing and gas central heating already installed
No onward chain; suitable for first-time buyers or investors
Approx. 88 years remaining on the lease (original 125-year lease from 1989)
Annual service charge and ground rent circa £681.51 per annum
Area classed as very deprived; average local crime — affects long-term prospects
Gross yield approx. 8.8% at nearby rents (up to £550 pcm)
This one-bedroom ground-floor flat in Chevington offers an affordable entry to homeownership or a compact buy-to-let opportunity. Set within a semi-detached mid-20th-century building, the apartment provides a practical layout: entrance hall with large storage, kitchen with built-in oven and plumbing for a washing machine, a spacious lounge overlooking the rear garden, and a double bedroom to the front. Double glazing and gas central heating are already fitted.
At the current asking price the flat represents a strong gross yield potential (circa 8.8% at nearby market rents up to £550pcm), making it attractive to investors. First-time buyers and professionals will also appreciate the no-chain position, manageable footprint (approx. 52 sqm / 559 sq ft) and very low council tax band A. The rear garden and front/side lawned areas are useful outdoor spaces for a ground-floor home.
Buyers should note material facts: the property is leasehold with approximately 88 years remaining (125-year lease from 1989 originally), and an annual service charge/ground rent of about £681.51. The surrounding area scores high on deprivation measures and has an average crime level, which may affect long-term capital growth and tenant demand. The head lease has not been inspected here, so purchasers should verify lease terms and any head-lease obligations before committing.
Overall this flat suits a cost-conscious first-time buyer who wants a straightforward ground-floor home with outdoor space, or an investor looking for strong near-term rental return. It needs no immediate headline repairs reported, but buyers should carry out standard surveys and lease checks to confirm the service charge, any major works liabilities, and the precise head-lease arrangements.
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