Summary - 14 KINGS CLOSE GATESHEAD NE8 3PW
3 bed 1 bath Semi-Detached
Compact rental-ready home with parking and gardens, sold at auction.
Three bedrooms in an end-terrace layout, 668 sq ft total
Currently let at £875 per month — immediate rental income
Off-street parking plus front and rear gardens
UPVC double glazing; standard ceiling heights throughout
Advertised electric heating; records also note mains-gas warm-air — verify
To be sold at online auction; buyer fees and quick completion possible
High local crime and very deprived area — impacts demand and growth
Small plot and compact living space — suited to first-time buyers or investors
Set at the end of a quiet cul-de-sac, this three-bedroom end-terrace offers straightforward rental or owner-occupier potential. It is currently let at £875 pcm, producing an income for investors, and benefits from off-street parking, front and rear gardens, UPVC double glazing and what is advertised as electric heating.
The property is compact (668 sq ft) and economical to run with a low Council Tax Band A. It will be sold via online auction (fees apply) which could suit a buyer seeking a quicker purchase. Buyers should note records also reference mains-gas warm-air heating; the exact heating fuel/type should be verified pre-purchase.
Important negatives are the location’s high crime levels and very deprived area classification; these affect long-term capital growth and tenant demand. The house is freehold and built in the late 1970s–early 1980s with standard-height rooms and double glazing; any buyer should allow for typical maintenance for a property of this age and confirm any outstanding repairs before bidding.
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