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Northbourne Street, Bensham, Gateshead

PROPERTY TYPE

Flat

BEDROOMS

2

BATHROOMS

1

SIZE

642 sq ft

60 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Modern refurbished ground floor two bedroom flat
  • Located on Northbourne Street in Bensham
  • Ideal for first time investors or those looking to grow their portfolio.
  • Bright and spacious lounge with large windows
  • Modern fitted kitchen with integrated appliances
  • Two well proportioned double bedrooms
  • Modern bathroom with walk-in shower
  • Shared rear yard, double glazing, and on street parking
  • Finished to a great standard throughout with modern presentation
  • 8.93% rental yield with £7,140 annual income

Description

Hive Estates are pleased to present this modern refurbished ground floor flat in Gateshead, offering an impressive 8.93% rental yield and generating £7,140 annual rental income. Ideally situated on Northbourne Street in the popular area of Bensham, this two-bedroom lower Tyneside flat is perfectly suited to first time investors or those looking to grow their portfolio.

The property opens into a bright and spacious lounge, beautifully styled with contemporary grey carpeting, neutral decor, and large windows that flood the space with natural light, creating a warm and inviting atmosphere. To the rear, the stylish kitchen combines both form and function, featuring wood effect laminate flooring, contrasting oak cabinetry, sleek white worktops, a white metro tile splashback, and integrated oven, hob, and extractor.

There are two well proportioned bedrooms, including a generous front-facing double with a feature chimney breast and large window. The second double bedroom, positioned to the side, offers flexibility as a home office, dressing room, or guest space. The bathroom is fresh and modern, complete with a walk-in shower cubicle, WC, and basin, finished with clean white marble-effect shower boards.

Externally, the property benefits from a shared rear yard, ideal for outdoor seating or entertaining, along with on-street parking to the front.
Conveniently located close to local amenities, green spaces, and excellent transport links, this property offers both comfort and accessibility in a sought-after residential area.

Lounge/Diner - 4.50 x 3.60 (14'9" x 11'9") -

Kitcen - 3.35 x 2.00 (10'11" x 6'6") -

Bedroom 1 - 4.20 x 3.80 (13'9" x 12'5") -

Bedroom 2 - 3.35 x 2.30 (10'11" x 7'6") -

Shower Room - 2.25 x 1.50 (7'4" x 4'11") -

Brochures

Northbourne Street, Bensham, GatesheadBrochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Northbourne Street, Bensham, Gateshead

Approximate location

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Affordability

Monthly repayments£402
Property: £ 80,000
Deposit: £ 8,000
Interest rate: 5.33%
Term: 30 years
Powered byNatwest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Renovation potential
Recently sold & under offer
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About Hive Estates, Newcastle upon Tyne

1 Starbeck Avenue Sandyford Newcastle Upon Tyne NE2 1RH

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Disclaimer - Property reference 34690034. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hive Estates, Newcastle upon Tyne. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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