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Sheraton, Leam Lane Estate, Felling, Gateshead
For saleReduced 18 Sept 2026
£84,000Offers over

Sheraton, Leam Lane Estate, Felling, Gateshead, NE10 8JN

2bedrooms
1bathroom
Semi-Detachedtype
699sq ft

Listed 10 Aug 2026 · price reduced 18 Sept 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

  • Private Driveway Parking
  • Private Garden (back only)
  • Tenant Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • RICS Level 2 Survey Available Upon Enquiry

About this home

Our latest listing is a 2-bedroom semi-detached house 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 semi-detached house features 2 bedrooms, 1 bathroom, a spacious lounge, a fully fitted kitchen with integrated appliances and an access to a private driveway parking.

Investment details

It currently produces an annual gross income of £8,400 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
Semi-Detached
Size
699 sq ft / 65 sq m
Council tax band
A
Parking
Yes
Garden
Yes

Floorplan

Floor Plan

Location

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1 on this map

  • Pelaw Metro Station0.9 mi
  • Heworth Station1.1 mi
  • Felling Metro Station1.7 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
32 Sheraton
Gateshead NE10 8JP		Semi-detached
Freehold		16 Apr 2025£105,000

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 10 Aug 2026; details checked 7 Nov 2026. Latest change: reduced on 18/09/2026.

Agent disclaimer

Disclaimer - Property reference 227752096. 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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