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114 Westminster Street, Gateshead, Tyne and Wear NE8 4QH - Image 1
114 Westminster Street, Gateshead, Tyne and Wear NE8 4QH - Image 2
114 Westminster Street, Gateshead, Tyne and Wear NE8 4QH - Image 3
114 Westminster Street, Gateshead, Tyne and Wear NE8 4QH - Image 4
114 Westminster Street, Gateshead, Tyne and Wear NE8 4QH - Image 5
114 Westminster Street, Gateshead, Tyne and Wear NE8 4QH - Image 6
114 Westminster Street, Gateshead, Tyne and Wear NE8 4QH - Image 7
114 Westminster Street, Gateshead, Tyne and Wear NE8 4QH - Image 8
114 Westminster Street, Gateshead, Tyne and Wear NE8 4QH - Image 9
114 Westminster Street, Gateshead, Tyne and Wear NE8 4QH - Image 10
114 Westminster Street, Gateshead, Tyne and Wear NE8 4QH - Image 11
114 Westminster Street, Gateshead, Tyne and Wear NE8 4QH - Image 12
114 Westminster Street, Gateshead, Tyne and Wear NE8 4QH - Image 13

114 Westminster Street, Gateshead, Tyne and Wear NE8 4QH

North East

£45,000
Listed on 25/03/2026

Property Details

Bedrooms
2
Type
Apartment

Description

This two-bedroom ground floor flat presents a notable opportunity for those looking to engage in a renovation project. Located in a convenient area of Gateshead, the flat offers an expansive internal space of around 66m², featuring an entrance hallway, a spacious living room, a fitted kitchen, bathroom/WC, and two bedrooms including a generously sized main bedroom. The property also includes a private yard at the rear. While the flat is currently in need of refurbishment, it serves as a blank canvas for prospective buyers to modernize and enhance its value. With its practical layout and proximity to local amenities and transport links—offering easy access to both Gateshead town centre and Newcastle city centre—this property holds strong investment potential for resale or rental income once upgrades are made. Open viewing is available for interested parties before the auction commences.

Investment Analysis

(NE8 area)
Area Average
£163/sq ft
Avg Rent (weekly)
£212
Avg Yield
8.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (NE8)

Area prices are rising by +2.1% over the last 12 months
3 year growth: +7.2%
5 year growth: +14.9%
Investment Disclaimer: Analysis based on NE8 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

114 Westminster Street, Gateshead, Tyne and Wear NE8 4QH
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£162
Based on a loan of £33,750 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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