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For sale
£95,000Offers in region of

Portland Street, Pelaw, Newcastle Upon Tyne, NE10 0XX

3bedrooms
1bathroom
Flattype
Freeholdtenure

Listed 7 days ago · Gateshead

How the price compares

This home£95,000
Median 3 bed in NE10£180k29 homes listed · £230 per sq ft
Difference-47%below the area median

Key features

  • NO CHAIN
  • IDEAL INVESTMENT OPPORTUNITY
  • CURRENTLY TENANTED AT £650PCM
  • FIRST FLOOR FLAT
  • SPACIOUS ROOMS
  • THREE BEDROOMS
  • FAMILY BATHROOM
  • GAS CENTRAL HEATED AND DOUBLE GLAZED

About this home

The property is accessed via a private entrance door, with stairs leading to the first floor where the accommodation comprises a spacious lounge, kitchen, bathroom and three bedrooms. There is also a staircase leading down to the rear access, providing convenient access to the property. The three-bedroom accommodation offers a versatile layout and is well suited to the needs of tenants, while the existing tenancy provides an immediate rental income stream for an incoming purchaser. The property is therefore likely to appeal particularly to landlords looking to add to an existing portfolio or those seeking their first investment property. Situated in the popular Pelaw area of Gateshead, the property is conveniently positioned for a range of everyday amenities. Local shops and convenience facilities are readily accessible. Pelaw Metro Station and Heworth Metro Station providing convenient connections towards Newcastle city centre, Sunderland and surrounding areas. The area also benefits from good access to the region's road network, making the property well placed for access to both Newcastle and Sunderland.

Property details

Property type
Flat
Council tax band
A
Tenure
Freehold
Garden
Patio
Heating
Gas central
Broadband
None
Electricity
Mains supply
Water
Mains supply
Accessibility
1st floor

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£475£9,500 deposit · £85,500 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 My Property Box, Jesmond on Rightmove (original listing). First listed 2 Nov 2026; details checked 7 Nov 2026. Latest change: added on 02/11/2026.

Agent disclaimer

Disclaimer - Property reference 36647c28-435a-463e-abcc-73b8de53dabe:cfcd0dbe-1696-4a48-b961-4e6c42effd2c. 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 My Property Box, Jesmond. 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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