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11Stephenson Street, Bensham, NE8 4XJ
For saleReduced 8 Mar 2026
£50,000Guide price

11Stephenson Street, Bensham, NE8 4XJ

2bedrooms
1bathroom
Flattype
Freeholdtenure

Listed 23 Feb 2026 · price reduced 8 Mar 2026 · Gateshead

How the price compares

This home£50,000
Median 2 bed in NE8£120k92 homes listed · £165 per sq ft
Difference-58%below the area median

Key features

  • PRIME NEW LISTING. We are excited to present this tenanted 2-bedroom Flat located within a prime location in Bensham.
  • • Sales Evidence: **7, Stephenson Street, Bensham, Gateshead NE8 4XJ, sold for £97,500. 36, Hyde Park Street, Bensham, Gateshead NE8 4QB, sold for £95,000. 306, Victoria Road, Gateshead NE8 4XT,
  • • This property is a prime buy-to-let opportunity. It currently achieves a rental income of £500 a month, equating to £6,000 per annum. If purchased at the guide price, this would generate a rema
  • • The property offers a fantastic prospect for astute investors looking to expand their portfolios. It is reasonably priced and situated in a sought-after area, presenting great potential for both
  • • With a prime location offering numerous local amenities and excellent transport links to major cities and motorways, this property sits in a highly desirable area, making it a smart choice for pr

About this home

PRIME NEW LISTING. We are excited to present this tenanted 2-bedroom Flat located within a prime location in Bensham.

Sales Evidence: **7, Stephenson Street, Bensham, Gateshead NE8 4XJ, sold for £97,500. 36, Hyde Park Street, Bensham, Gateshead NE8 4QB, sold for £95,000. 306, Victoria Road, Gateshead NE8 4XT, sold for £110,000.**

This property is a prime buy-to-let opportunity. It currently achieves a rental income of £500 a month, equating to £6,000 per annum. If purchased at the guide price, this would generate a remarkable gross yield of 10%, making it a turn-key investment.

The property offers a fantastic prospect for astute investors looking to expand their portfolios. It is reasonably priced and situated in a sought-after area, presenting great potential for both capital appreciation and rental growth.

With a prime location offering numerous local amenities and excellent transport links to major cities and motorways, this property sits in a highly desirable area, making it a smart choice for prospective buyers.

PRIME NEW LISTING. We are excited to present this tenanted 2 bedroom flat located within a prime location in Bensham.

The property comprises a welcoming entrance, two spacious bedrooms, a well-equipped kitchen, a modern bathroom, and a cosy living room, with ample storage throughout.

This property is a prime buy-to-let opportunity. It currently achieves a rental income of £500 a month, equating to £6,000 per annum. If purchased at the guide price, this would generate a remarkable gross yield of 10%, making it a turn-key investment.

The property offers a fantastic prospect for astute investors looking to expand their portfolios. It is reasonably priced and situated in a sought-after area, presenting great potential for both capital appreciation and rental growth.

With a prime location offering numerous local amenities and excellent transport links to major cities and motorways, this property sits in a highly desirable area, making it a smart choice for prospective buyers.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**7, Stephenson Street, Bensham, Gateshead NE8 4XJ, sold for £97,500. 36, Hyde Park Street, Bensham, Gateshead NE8 4QB, sold for £95,000. 306, Victoria Road, Gateshead NE8 4XT, sold for £110,000.**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our "Offer NOW" button on our website.

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

Location

Bensham is a vibrant area in Gateshead, offering excellent amenities, schools, and transport links. It's known for its strong sense of community and easy access to Newcastle city centre, making it a popular choice for families and professionals alike.

Property details

Property type
Flat
Council tax band
A
Tenure
Freehold
Parking
On street
Garden
Private garden

Location

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1 on this map

  • Dunston Station1.0 mi
  • Gateshead Stadium Tram Stop1.2 mi
  • Newcastle Central Station1.3 mi

What nearby homes sold for

Median sold prices in NE8 over the last 12 months: flat £107k · terraced £176k · semi-detached £165k · detached £240k.

AddressTypeSoldPrice
15 Stephenson Street
Gateshead NE8 4XJ
Terraced
Leasehold
8 Apr 2024£46,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in NE8

Buying costs

Monthly repayment£250£5,000 deposit · £45,000 loan
Stamp Duty£0England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Prime Property Auctions (Scotland) Ltd, Glasgow on Rightmove (original listing). First listed 23 Feb 2026; details checked 7 Nov 2026. Latest change: reduced on 08/03/2026.

Agent disclaimer

Disclaimer - Property reference 224244348. 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 Prime Property Auctions (Scotland) Ltd, Glasgow. 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.

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