King Street, Gateshead, Tyne and Wear, NE8 2YP

Listed 12 Aug 2026 · price reduced 9 Oct 2026 · Gateshead
Modern Four-Bedroom Maisonette offers spacious living No Onward Chain.
Similar properties in the area can achieve rental income of around £1,200 per calendar month, depending on condition and specification.
Based on the asking price of £160,000, this represents a potential gross rental yield of approximately 9.0%.
The property is currently achieving around £112 per night as serviced accommodation.
The property briefly comprises an entrance lobby with stairs leading to the first-floor landing, a double bedroom to the front and a further double bedroom to the rear.
There is a spacious lounge to the front featuring an attractive fireplace, along with a separate dining room offering ample space for a dining table and chairs, with a door leading through to the kitchen.
The kitchen provides plumbing for a washing machine, space for a cooker with extractor hood over, and space for a fridge/freezer. Steps lead down to a door providing access to the rear yard, which also benefits from a rear gate.
The bathroom/WC is fitted with modern fixtures and includes a shower over the bath, heated towel rail, spot lighting and extractor fan.
Stairs continue to the top-floor landing, providing access to two further spacious double bedrooms. The first bedroom features a Velux window with impressive views and a useful storage cupboard, while the second bedroom has a Velux window to the rear and additional storage. There is also a generously sized separate WC with a useful storage cupboard.
The rear yard is enclosed, with a gate giving access to the rear.
Additional benefits includes gas central heating via a i-Mini combi boiler and double-glazed windows throughout.
We understand the flat is on a Lease of 999 years from 15th April 1987 leaving approx. 960 years remaining at the date of listing with no ground rent or service charges payable (Full details will be confirmed by solicitors).
MAKING AN OFFER: Please note that all offers will require financial verification including mortgage agreement in principle, proof of deposit funds, proof of available cash and full chain details including selling agents and solicitors down the chain. Under New Money Laundering Regulations we require proof of identification from all buyers before acceptance letters are sent and solicitors can be instructed.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
QLF260380/2
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Median sold prices in NE8 over the last 12 months: flat £107k · terraced £176k · semi-detached £165k · detached £240k.
| Address | Type | Sold | Price |
|---|---|---|---|
| 311 Brighton Road Gateshead NE8 4SA | Flat Leasehold | 24 Jul 2026 | £135,000 |
| 281 Brighton Road Gateshead NE8 4SA | Flat Leasehold | 26 Jun 2026 | £52,000 |
| 206 Brighton Road Gateshead NE8 4SD | Semi-detached Freehold | 22 Jun 2026 | £151,000 |
| 329 Brighton Road Gateshead NE8 4SB | Semi-detached Freehold | 20 Feb 2026 | £165,000 |
| 53 Brighton Road Gateshead NE8 1XQ | Flat Leasehold | 30 Jan 2026 | £73,750 |
| 413 Brighton Road Gateshead NE8 4SB | Flat Freehold | 6 Aug 2025 | £125,500 |
| 415 Brighton Road Gateshead NE8 4SB | Flat Leasehold | 6 Aug 2025 | £125,000 |
| 112 Brighton Road Gateshead NE8 4QA | Terraced Freehold | 4 Aug 2025 | £129,000 |
| 233 Brighton Road Gateshead NE8 4SA | Flat Leasehold | 20 Jun 2025 | £55,000 |
| 337 Brighton Road Gateshead NE8 4SB | Semi-detached Freehold | 27 May 2025 | £163,000 |
Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in NE8
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 YOUR MOVE Chris Stonock, Low Fell on Rightmove (original listing). First listed 12 Aug 2026; details checked 7 Nov 2026. Latest change: reduced on 09/10/2026.
Disclaimer - Property reference QLF260380. 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 YOUR MOVE Chris Stonock, Low Fell. 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.


