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40-42 Windsor Avenue, Gateshead, Tyne And Wear, NE8 4NG - Image 1

40-42 Windsor Avenue, Gateshead, Tyne And Wear, NE8 4NG

North East

£140,000
Listed on 06/05/2026

Property Details

Bedrooms
5
Type
Block Of Apartments

Description

This freehold mid-terrace property presents an excellent opportunity for both owner-occupiers and savvy investors. Currently configured as two separate maisonettes, one featuring three bedrooms and the other with two, this building is ideally situated within easy reach of the shopping and recreational amenities of Gateshead. With its vacant status, immediate renovation potential translates into possible rental income or a dream home tailored to your specifications. The property includes a rear yard, enhancing outdoor accessibility and future usage possibilities. Nestled conveniently for quick access to both Gateshead and Newcastle city centers, it benefits from good transport links and local bus routes, making it attractive for tenants or owners alike. The surrounding area offers various local shops, schools, and parks, ideal for families or individuals seeking conveniences within walking distance.

Investment Analysis

(NE8 area)
Area Average
£166/sq ft
Avg Rent (weekly)
£207
Avg Yield
8.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (NE8)

Area prices are stable by -1.0% over the last 12 months
3 year growth: +4.6%
5 year growth: +10.1%
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

40-42 Windsor Avenue, Gateshead, Tyne And Wear, NE8 4NG
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£499
Based on a loan of £105,000 over 30 years at 3.97% 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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