Affordable two-bed with scope for improvement near local shops and transport.
Two-bedroom first-floor flat, about 711 sq ft
Sensible price: £59,950
Leasehold with approximately 103 years remaining
Mains gas boiler and radiators, double glazed windows
Solid brick walls; insulation likely absent, energy upgrades advised
Shared rear yard; no private garden
High local crime and very deprived area — location risk
Fast broadband and excellent mobile signal
A first-floor two-bedroom flat in a traditional brick terrace, sensibly priced at £59,950 for around 711 sq ft. The property offers a generous open-plan lounge/diner, a fitted kitchen with a combi boiler, and a main bedroom with a period fireplace that adds character.
Practical strengths include double glazing, mains gas central heating with radiators, an estimated 103 years remaining on the lease, fast broadband and excellent mobile signal. There is a shared rear yard for outdoor use and the property sits close to local shops, transport links and several primary schools.
Important considerations are plain: the building was constructed c.1900–1929 with solid brick walls likely lacking cavity insulation, and the neighbourhood records higher crime levels and marked area deprivation. The flat is leasehold, and while the accommodation is in reasonable order cosmetically, it will suit buyers prepared to carry out light refurbishment to modernise finishes and improve energy efficiency.
This home will appeal to first-time buyers looking for affordable entry into Gateshead or investors seeking a rental opportunity with scope for value uplift after improvement. Viewings are recommended to assess exact condition and confirm suitability for owner-occupation or letting.
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