Affordable two-bed ground-floor flat — long lease, low running costs, suited to first-time buyers or investors.
Chain-free ground-floor two-bedroom flat
A two-bedroom ground-floor flat on Northbourne Street presenting an affordable entry into Gateshead or a straightforward buy-to-let opportunity. The flat is chain-free, recently redecorated with new carpets, and benefits from double glazing, mains gas central heating and a valid Electrical Installation Condition Report until November 2029.
Internally the layout is traditional and practical: entrance hall with storage, front double bedroom, rear second bedroom, a lounge with gas fire, compact contemporary kitchen with integrated oven and gas hob, and a bathroom with shower-over-bath and heated towel rail. The property includes an enclosed rear yard and an approximate floor area of 62 sq m (667 sq ft).
Financially this flat is appealing: very long lease (about 960 years remaining), no reported ground rent or service charge, EPC rating C and low Council Tax (Band A). Comparable lets in the area achieve up to around £700 pcm depending on standard, making this suitable for first-time buyers or investors seeking rental income.
Be realistic about the location and finish: the neighbourhood scores high for crime and is in a very deprived area; external period features need some modernization. The building dates from 1900–1929 and has solid brick walls (assumed uninsulated), so additional insulation or longer-term improvement works may be needed to increase comfort and energy efficiency.