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For sale
£80,000Offers over

Northbourne Street, Bensham, Gateshead, NE8 4AE

2bedrooms
1bathroom
Flattype
642sq ft
Share of Freeholdtenure

Listed 21 May 2026 · Gateshead

How the price compares

This home£80,000£125 per sq ft
Median 2 bed in NE8£120k92 homes listed · £165 per sq ft
Difference-33%below the area median

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

About this home

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") -

Property details

Property type
Flat
Size
642 sq ft / 60 sq m
Council tax band
A
Tenure
Share of Freehold
Lease remaining
999 years left
Garden
Yes

Floorplan

101 Northbourne Floorplan[84] copy.jpg

Location

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  • Gateshead Stadium Tram Stop0.6 mi
  • Felling Metro Station0.9 mi
  • Newcastle Central Station1.5 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
113 Northbourne Street
Gateshead NE8 4AE
Flat
Leasehold
25 Aug 2026£65,000
120 Northbourne Street
Gateshead NE8 4AH
Flat
Leasehold
13 Feb 2026£78,000
29 Northbourne Street
Gateshead NE8 4AE
Terraced
Leasehold
4 Nov 2025£55,000
96 Northbourne Street
Gateshead NE8 4AH
Flat
Leasehold
22 Aug 2025£62,000
27 Northbourne Street
Gateshead NE8 4AE
Flat
Leasehold
24 Jun 2025£75,000
91 Northbourne Street
Gateshead NE8 4AE
Flat
Leasehold
29 Oct 2024£48,000
110 Northbourne Street
Gateshead NE8 4AH
Terraced
Freehold
8 May 2024£200,000

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£400£8,000 deposit · £72,000 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 Hive Estates, Newcastle upon Tyne on Rightmove (original listing). First listed 21 May 2026; details checked 7 Nov 2026. Latest change: added on 21/05/2026.

Agent disclaimer

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.

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