Affordable two-bed ground-floor flat with long lease and refurbishment potential.
Long lease (965 years) and very low council tax
Ground-floor convenience; short step access to entrance
Two double bedrooms and sizeable reception room
Compact 533 sq ft; overall accommodation small
Victorian solid-brick build; likely no cavity wall insulation
Presentation dated; requires cosmetic updating and repairs
Area classed very deprived with high recorded crime rates
Double glazing present but installation date unknown
Set on the ground floor of a red-brick terraced building on Howe Street, this two-bedroom flat offers compact, practical accommodation in central Gateshead. The layout includes a generous reception room, a galley kitchen, bathroom and two double bedrooms — all arranged to maximise usable space. The long lease (965 years) and low council tax make running costs attractive for buyers seeking budget-conscious ownership or rental returns.
The property is liveable but clearly needs cosmetic updating to reach market appeal; finishes show age and wear consistent with a Victorian-built mid-terrace. The solid brick walls are assumed uninsulated and the double glazing installation date is unknown, so energy-efficiency improvements may be required. Heating is mains gas via a boiler and radiators.
Location is a principal strength: kerbside parking, nearby shops, parks, and public transport links provide convenience for renters or first-time buyers. However, the immediate area records higher crime levels and is classified as very deprived, which may affect resale values and lettability; factor this into any investment appraisal.
This flat suits buyers looking for an affordable entry into the Gateshead market or landlords seeking a budget buy-to-let requiring light-to-moderate refurbishment. Clear potential exists to add value through cosmetic works and energy upgrades, but allow for necessary repairs and neighbourhood-related risks when considering offers.
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