Long lease, low tax, good transport — ideal budget buy or rental opportunity..
Three-bedroom first-floor flat with fitted kitchen and lounge
Long lease — 964 years remaining (LEASEHOLD)
Council Tax Band A — very low running costs
EPC rating D; mains gas boiler and radiators
Small overall internal size — single apartment footprint
Area classified very deprived; local crime levels are high
Double glazing present; installation date unknown
Convenient for transport, shops, amenities and good primary schools
This three-bedroom first-floor flat on Raby Street offers an affordable entry into Gateshead with substantial potential for buyers seeking value. Set within a Victorian mid-terrace, the home features a fitted kitchen, an inviting lounge with an electric fireplace and three flexible bedrooms. The long lease (964 years) and low council tax band A reduce running costs and make the property attractive to first-time buyers or investors.
The apartment sits in a well-served area with excellent public transport links, fast broadband and a wide range of shops, cafes and services close by. Local primary schools have good Ofsted ratings, which will appeal to families. The property is energy-rated EPC D and heated by a mains-gas boiler with radiators; glazing is double but install date is unknown.
Buyers should note the neighbourhood context: the location is classified as very deprived with higher local crime levels, which affects resale and rental desirability. The overall internal size is small and the building’s solid-brick construction likely lacks modern wall insulation, so buyers may want to budget for energy improvements and cosmetic updating. This flat suits those prioritising low purchase price and transport convenience, and who are comfortable with some refurbishment or seeking a rental income opportunity.