Summary - 3 MUSGRAVE TERRACE GATESHEAD NE10 0RH
2 bed 1 bath Flat
Chain-free ground-floor flat with long lease and clear rental potential.
Chain-free ground-floor flat with approx. 963 years remaining on lease
Private rear yard with roller-shutter providing off-street parking (small car)
Part-furnished; current interior dated and will need updating to maximise value
Valid EICR until Feb 2026 and Gas Safety (CP12) until May 2026
Double glazing and gas combi boiler; mains gas central heating
Similar flats achieving about £700 pcm — clear rental potential
Council Tax Band A — low council tax running cost
Local area: deprived classification and higher crime levels
Chain-free ground-floor flat in a Victorian terrace, offering clear rental and owner-occupier potential. The long remaining Tyneside lease (approx. 963 years) and low running costs (Council Tax Band A) make this an accessible purchase for budget-conscious buyers or buy-to-let investors. The flat is currently part-furnished and has valid electrical and gas safety certificates in place until early/mid 2026.
The accommodation includes a generous front double bedroom with a bay window, a second bedroom with large under-stairs storage, a spacious lounge and a fitted kitchen with space for appliances. Practical features include double glazing, gas central heating via a combi boiler and a private rear yard with a roller-shutter providing off-street parking for a small car. Similar flats in the area are achieving around £700 pcm, which indicates immediate rental prospects subject to condition and tenancy set-up.
Buyers should note the interior is dated and will benefit from cosmetic updating to maximise value and rental return. The local area is classified as deprived with higher-than-average crime levels, which may affect tenant demand and resale pricing. EPC rating is not confirmed and tenure details should be verified by solicitors. No pets are permitted and the property is offered available now.
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