Summary - 1, Saltwell Street, GATESHEAD NE8 4QX
2 bed 1 bath End of Terrace
Two-bedroom period home with rental potential and easy commuting links.
Chain free and freehold with flexible vacant or tenant-in-situ sale
A two-bedroom end-terrace Victorian home offered chain-free and suited to first-time buyers or buy-to-let investors. The property currently lets at £600pcm (approx. 6% gross yield at the asking price) with scope to increase rent to local comparables if upgraded. The house retains period features such as a bay-windowed living room and fireplaces, and benefits from double glazing, mains gas central heating and a C-rated EPC.
Practical certificates are in place: valid EICR to September 2028 and a gas safety certificate until November 2025 (to be renewed). The layout includes a spacious lounge, separate dining room, fitted kitchen and two good-sized bedrooms; total floor area about 893 sq ft. Broadband and mobile signal are excellent, and there is no flood risk; council tax is in Band A and described as very cheap.
Buyers should note this sits in an area classed as deprived with a “hampered aspiration” profile and a local classification of cosmopolitan student neighbourhoods — strong rental demand but different buyer expectations for presentation. A Selective Landlord Licence will be required for letting through Gateshead Council. The solid-brick walls are likely uninsulated, so energy-efficiency improvements and general modernisation could be needed to reach higher rents or comfort standards.
Externally the plot is small with rear access to a lane and bin storage. The property is freehold and can be sold with a sitting tenant or with vacant possession, offering flexibility for an investor or owner-occupier prepared to refresh the interior.
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