Summary - Kipling Walk, Gateshead, Tyne and Wear, NE8 3NT NE8 3NT
3 bed 1 bath Terraced
Freehold three-bed with tenant in situ — auction sale for investors seeking yield and uplift..
- Three bedrooms with reception room and private rear garden
- Tenant in situ; generates immediate rental income
- Sold at online auction — buyer fees will apply
- Priced at £65,000 for investor refurbishment potential
- Single bathroom; cosmetic updating likely required
- Very high local crime and area deprivation — affects demand
- Freehold tenure; gas central heating and double glazing
- Approx 930 sq ft; Council Tax Band A (low running costs)
A pragmatic investment in Bensham: this three-bedroom mid-terraced house (approx. 930 sq ft) is offered with a tenant in situ, providing immediate rental income. Constructed in the late 1960s–1970s, the home is freehold and has gas central heating with double glazing (installation date unknown). It includes a reception room, single bathroom and a private rear garden — a straightforward layout that appeals to the rental market.
The property is being sold at online auction (fees apply) and is priced to reflect its refurbishment potential. Interiors are serviceable but dated; cosmetic updating and targeted improvements could increase rental yield and capital value. Council Tax Band A keeps running costs low for tenants.
Location strengths include fast broadband, excellent mobile signal and good local transport links. The immediate neighbourhood has convenient amenities and schools nearby, supporting lettability. Be aware the area records very high crime levels and is classed as deprived, which will influence tenant demand and management considerations.
This is a short-term purchase for an investor comfortable with auction processes and hands-on property management. The existing tenancy offers income from day one, while modest refurbishment and proactive management could unlock stronger returns over time.
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