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Portland Street, Gateshead
For saleReduced 7 Oct 2026
£84,000Offers over

Portland Street, Gateshead, NE10 0XX

2bedrooms
1bathroom
Flattype
699sq ft
Leaseholdtenure

Listed 26 Jun 2026 · price reduced 7 Oct 2026 · Gateshead

How the price compares

This home£84,000£120 per sq ft
Median 2 bed in NE10£103k31 homes listed · £143 per sq ft
Difference-18%below the area median

Key features

  • Street Parking
  • Shared Garden (back only)
  • Buy-to-Let Opportunity
  • Tenant Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

About this home

Our latest listing is a 2-bedroom flat located in Gateshead. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated.

For investors looking to expand their portfolio, this is a fantastic opportunity!

This well-kept home features 2 bedrooms, a well-equipped kitchen, a three-piece bathroom, and a shared garden (back only).

It currently produces an annual gross income of £8,700 with tenants currently situated. Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

Tenancy Details

There are tenants that currently reside in the property and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

We are committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.

Property details

Property type
Flat
Size
699 sq ft / 65 sq m
Council tax band
A
Tenure
Leasehold
Parking
Yes
Garden
Yes

Floorplan

Floor Plan

Location

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  • Heworth Station0.3 mi
  • Pelaw Metro Station0.3 mi
  • Felling Metro Station1.0 mi

What nearby homes sold for

Median sold prices in NE10 over the last 12 months: semi-detached £160k · terraced £143k · flat £87k · detached £280k.

AddressTypeSoldPrice
12 Portland Street
Gateshead NE10 0XX		Terraced
Freehold		18 Aug 2025£101,500
50 Portland Street
Gateshead NE10 0XX		Other
Leasehold		22 Apr 2025£77,000
40 Portland Street
Gateshead NE10 0XX		Terraced
Leasehold		28 Mar 2025£83,500
56 Portland Street
Gateshead NE10 0XX		Flat
Leasehold		26 Sept 2024£80,000
11 Portland Street
Gateshead NE10 0XX		Flat
Leasehold		26 Jul 2024£83,000
32 Portland Street
Gateshead NE10 0XX		Flat
Leasehold		21 Jun 2024£62,500

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in NE10

Buying costs

Monthly repayment£420£8,400 deposit · £75,600 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 Let Property Sales & Management, Glasgow on Rightmove (original listing). First listed 26 Jun 2026; details checked 7 Nov 2026. Latest change: reduced on 07/10/2026.

Agent disclaimer

Disclaimer - Property reference 227450610. 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 Let Property Sales & Management, 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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