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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 ground floor two-bedroom flat in Gateshead presents a remarkable opportunity for renovation enthusiasts and investors. With approximately 66m² of internal space, the flat features an entrance hallway, a spacious living room, a fitted kitchen, a bathroom/WC, and two well-sized bedrooms including a generously proportioned main bedroom. The property is currently in need of refurbishment, making it an ideal blank canvas for transformation. A private rear yard adds outdoor space potential. Located conveniently near local amenities and transport links to both Gateshead town centre and Newcastle city centre, this flat could offer substantial value enhancement through modernisation. Its practical layout is suited for resale or long-term rental after upgrades are completed.

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Investment analysis

(NE8 area)
Area Average
£165/sq ft
Avg Rent (weekly)
£209
Avg Yield
8.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (NE8)

Area prices are falling by -3.5% over the last 12 months
3 year growth: +1.8%
5 year growth: +5.8%
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

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£170
Based on a loan of £33,750 over 30 years at 4.45% 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.

Stamp duty calculator

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