Summary - 128 COLTSFOOT GARDENS GATESHEAD NE10 9RF
2 bed 1 bath Flat
Chain-free flat with communal gardens and strong rental potential.
Chain-free first-floor two-bedroom flat
A chain-free two-bedroom first-floor flat offering straightforward entry into the local market. The accommodation includes a generous lounge, two well-proportioned bedrooms (one with built-in wardrobes), fitted kitchen/diner and a shower room, plus a good storage cupboard in the entrance lobby. Gas central heating, double glazing, a valid Gas Safety Certificate (to Feb 2026) and an EPC rating of C are practical pluses for buyers and landlords.
The property sits within communal front and rear gardens and is offered with approximately 95 years remaining on the lease. Similar apartments in the area typically achieve around £650 pcm, which gives a strong gross yield at the current asking price — an attractive prospect for small-scale investors as well as first-time buyers seeking low initial outlay.
Buyers should note material considerations: the local area has higher crime statistics and broader indicators of deprivation, and the building exterior and gardens present a dated appearance that will likely need cosmetic attention. The lease has about 95 years remaining and the combined annual service charge and ground rent are approximately £504 each — the ground rent level is high relative to the service charge and should be checked by buyers' solicitors. The head lease has not been inspected; purchasers should verify lease terms and any further obligations.
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