Summary - 289 WHITEHALL ROAD GATESHEAD NE8 4PT
2 bed 1 bath Ground Flat
Long lease and steady income in a well‑connected Gateshead location.
Tenanted at £550pcm until March 2026, providing immediate income
A two-bedroom ground-floor flat offered as a tenanted investment in a well-connected Gateshead location. The property is currently let at £550pcm until March 2026, providing immediate rental income and straightforward hands-off ownership for investors. The long lease (958 years) removes common leasehold concerns and the small rear yard is a practical outside space for tenants.
The flat sits within a Victorian terrace and retains period features such as high ceilings and decorative mouldings, which can be attractive to renters or a future occupier seeking character. Essential services are in place: mains gas central heating with a boiler and radiators, UPVC double glazing, and good mobile and broadband connectivity. Local amenities, frequent buses and links to Gateshead, Newcastle and Team Valley make the location convenient for commuters and workers.
There are some clear renovation needs: the bathroom is outdated and requires refurbishment, and one bedroom shows signs of damp that will need investigation and repair. The property’s solid brick walls likely lack cavity insulation, so further thermal improvements could be considered. The flat is in a very deprived area, which influences nearby services and tenant profiles; council tax is low (Band A).
This is best suited to investors seeking an income-producing asset with medium-term refurbishment potential, or a buyer prepared to carry out cosmetic and moisture-control works to enhance value and rental appeal. All details are factual about condition and tenancy so buyers can assess immediate yield versus likely future expenditure.
2 bedroom flat for sale in Ovett Gardens, Gateshead, E8, NE8 — £85,000 • 2 bed • 1 bath • 570 ft²
2 bedroom flat for sale in Marlborough Crescent, Gateshead, NE9 — £70,000 • 2 bed • 1 bath • 635 ft²
2 bedroom flat for sale in Marlborough Crescent, Gateshead, NE9 — £68,000 • 2 bed • 1 bath • 538 ft²
2 bedroom flat for sale in Saltwell Road, Gateshead, NE8 — £50,000 • 2 bed • 1 bath • 797 ft²
2 bedroom apartment for sale in Sanderson Villas, St James Village, Gateshead, Tyne and Wear, NE8 3BU, NE8 — £89,500 • 2 bed • 1 bath • 571 ft²
2 bedroom flat for sale in Saltwell Road, Gateshead, NE8 — £55,000 • 2 bed • 1 bath • 700 ft²
