36
THE GRAINGER, NORTH WEST SIDE, GATESHEAD, TYNE AND WEAR NE8 2BG
Property details
Tenure
LEASEHOLD (127 years remaining on lease)
Floor area
62 m²
Council tax band
B
EPC rating
C
Year built
England and Wales: 1996-2002
Last sold
£125,000 Mar 2026
Price per m²
£2,097/m²
Local average
£94,319 (+37.8%)
Deprivation
Decile 3 (8,953 of 33,755)
Street crime
403 incidents within 1 mile (Apr 2026)
Key features
- Fifth Floor Apartment
- Two Bedrooms
- Stunning Views Across The River Tyne
- Allocated & Visitor Parking
- Lift Access
- Secure Intercom Entry System
- Popular Location
- Ideal First Time Buy or Investment
Additional details
- Parking
- Residents
- Listed property
- No
- Restrictions
- No
- Required access
- No
- Rights of way
- No
- Flooded in last 5 years
- No
- Flood defences
- No
Description
Internally the property is well presented throughout and is very much ready to move into, briefly comprising:- Communal entrance hall with lift access, private entrance vestibule leading to the hallway with storage cupboard, two good sized bedrooms, a recently fitted stylish three piece bathroom WC, and open plan living space finishes off the apartment benefitting modern kitchen area with fitted wall and floor units, dining area, and lounge area that offers some of the most incresdible views of the famous River Tyne.
Externally there is allocated covered parking bay, visitor parking and well kept communal gardens.
Location
Situated in the sought after residential complex of The Staiths on the south bank of the River Tyne. Ideally situated for access to local amenities and facilities as well as providing road and transport links to Gateshead, Newcastle, Team Valley Trading Estate and the Metrocentre.
Measurements
Lounge - 4.26 x 4.19
Kitchen - 2.13 x 3.17
Bedroom One - 3.27 x 4.69
Bedroom Two - 2.06 x 3.10
IMPORTANT NOTE TO PURCHASERS
We endeavour to make our property details accurate, however, they do not constitute or form part of an offer or any contract and are not to relied upon as statements of representation or fact. Any services, systems and appliances listed in the details have not been tested by us and no guarantee is given to their operating ability or efficiency. All the measurements and floor plans have been taken as a guide to prospective purchasers and are not to be relied upon. Please be advised that some of the information may be awaiting vendor approval. If you require clarification of further information on any points please contact us direct.
MAKING AN OFFER Please note that all offers will require financial verification including mortgage agreement in principle, proof of deposit funds, proof of available cash and full chain details including selling agents and solicitors down the chain. Under New Money Laundering Regulations we require proof of identification from all buyers before acceptance letters are sent and solicitors can be instructed.
Tenure - We are not able to verify the tenure of the property as it is not always possible to see sight of the relevant documentation prior to marketing. Prospective purchasers must make further enquiries with their legal adviser
Council Tax Band: B (Gateshead Council)
Tenure: Leasehold (127 years)
Ground Rent: £68.41 per year
Service Charge: £245 per month
127 years left. 150 years from 2002.
Listed by
Covering North East
Jan Mitchell Ltd Trading as Jan Mitchell Properties
Reference: 161326469
EPC Rating & Upgrade Cost
Current rating: C
Potential rating: C
Inspection date: 07/05/2025
Expiry date: 06/05/2035
Current heating cost: £651/year
Potential heating cost: £392/year
Est. upgrade cost to C: £1,950
Recommendations
- Party wall insulation (£300 - £600)
- High heat retention storage heaters (£1,200 - £1,800)
Flood risk
Zone: 1
Risk: Low
Job (default Low)
Price history
-4% since 2005
| Event | Date | Price | % change |
|---|---|---|---|
| Sold | 23/03/2026 (3 months ago) | £125,000 | +5% |
| Sold | 06/03/2020 (6 years ago) | £119,000 | -8.5% |
| Sold | 30/09/2005 (20 years ago) | £130,000 | — |
Source: HM Land Registry Price Paid Data. Crown copyright.
Sold Comparables
Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.
| Address | Price | Date | Type |
|---|---|---|---|
| JUNE COURTYARD 17 NORTH SIDE, GATESHEAD, TYNE AND WEAR, NE8 2DH | £109,000 | 09/01/2026 | Flat |
| SEPTEMBER COURTYARD 7 SUMMERS PASS, GATESHEAD, TYNE AND WEAR, NE8 2DZ | £90,000 | 09/01/2026 | Flat |
| OCTOBER COURTYARD 12 FALL PASS, GATESHEAD, TYNE AND WEAR, NE8 2BQ | £122,000 | 05/12/2025 | Flat |
| OCTOBER COURTYARD 12 FALL PASS, GATESHEAD, TYNE AND WEAR, NE8 2BQ | £126,000 | 22/09/2023 | Flat |
| JULY COURTYARD 16 SUMMERS PASS, GATESHEAD, TYNE AND WEAR, NE8 2DX | £135,500 | 18/08/2023 | Flat |
| THE STEPHENSON 8 NORTH SIDE, GATESHEAD, TYNE AND WEAR, NE8 2BF | £137,000 | 09/08/2023 | Flat |
| JUNE COURTYARD 18 NORTH SIDE, GATESHEAD, TYNE AND WEAR, NE8 2DH | £105,000 | 07/08/2023 | Flat |
| THE ARMSTRONG 32 TYNEMOUTH PASS, GATESHEAD, TYNE AND WEAR, NE8 2GW | £144,000 | 28/07/2023 | Flat |
| THE STEPHENSON 7 NORTH SIDE, GATESHEAD, TYNE AND WEAR, NE8 2BF | £139,950 | 31/05/2023 | Flat |
| THE ARMSTRONG 66 TYNEMOUTH PASS, GATESHEAD, TYNE AND WEAR, NE8 2GW | £140,000 | 03/03/2023 | Flat |
| THE STEPHENSON 6 NORTH SIDE, GATESHEAD, TYNE AND WEAR, NE8 2BF | £148,000 | 10/02/2023 | Flat |
| THE ARMSTRONG 41 TYNEMOUTH PASS, GATESHEAD, TYNE AND WEAR, NE8 2GW | £111,000 | 22/12/2022 | Flat |
| THE ARMSTRONG 57 TYNEMOUTH PASS, GATESHEAD, TYNE AND WEAR, NE8 2GW | £148,000 | 12/12/2022 | Flat |
| THE GRAINGER 49 NORTH WEST SIDE, GATESHEAD, TYNE AND WEAR, NE8 2BG | £133,500 | 02/12/2022 | Flat |
| THE ARMSTRONG 67 TYNEMOUTH PASS, GATESHEAD, TYNE AND WEAR, NE8 2GW | £155,000 | 21/11/2022 | Flat |
| AUGUST COURTYARD 16 NORTH SIDE, GATESHEAD, TYNE AND WEAR, NE8 2DL | £122,500 | 04/11/2022 | Flat |
| THE GRAINGER 4 NORTH WEST SIDE, GATESHEAD, TYNE AND WEAR, NE8 2BG | £145,000 | 29/09/2022 | Flat |
| THE GRAINGER 16 NORTH WEST SIDE, GATESHEAD, TYNE AND WEAR, NE8 2BG | £137,500 | 23/09/2022 | Flat |
| DECEMBER COURTYARD 22 CHRISTMAS PLACE, GATESHEAD, TYNE AND WEAR, NE8 2BS | £110,000 | 07/07/2022 | Flat |
| THE ARMSTRONG 31 TYNEMOUTH PASS, GATESHEAD, TYNE AND WEAR, NE8 2GW | £133,000 | 24/06/2022 | Flat |
Area average: £129,598 (20 sales)
Capital growth trend
Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).
House Price Index (HM Land Registry — official index, not sold-price averages): Gateshead. Series: Flats and maisonettes. As of March 2026.
Rental Range
Estimated market rent for Gateshead. Low = conservative, Realistic = average, Optimistic = best case.
Based on Local Authority from postcode lookup → Gateshead.
LHA (30th percentile) floor for Tyneside: £549/mo (Apr 2025 – Mar 2026)
Location
Nearby
Nearest stations, universities and amenities (distance from property).
| Type | Name | Distance |
|---|---|---|
| Bus stop | ROSE STREET-N/B | 0.1 miles |
| Bus stop | Team Street | 0.1 miles |
| Shop | Team Super Save | 0.3 miles |
| Shop | Nixon Hire | 0.3 miles |
| Train station | Dunston | 0.8 miles |
| Train station | Newcastle | 0.9 miles |
| University | Campus for Ageing and Vitality | 1.6 miles |
| Hospital | St Nicholas Hospital | 3.3 miles |
| University | Northumbria University Coach Lane Campus | 4.0 miles |
| Hospital | Holmeside and Parkway Medical Groups | 4.4 miles |
Street-level crime
| Category | Count |
|---|---|
| Violence and sexual offences | 140 |
| Anti-social behaviour | 79 |
| Criminal damage and arson | 41 |
| Other theft | 25 |
| Public order | 25 |
| Other crime | 21 |
| Shoplifting | 17 |
| Burglary | 16 |
| Vehicle crime | 13 |
| Theft from the person | 9 |
| Robbery | 7 |
| Drugs | 6 |
| Bicycle theft | 3 |
| Possession of weapons | 1 |
| Total incidents | 403 |
Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).
Schools nearby
Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.
| Name | Type | Distance | Ofsted |
|---|---|---|---|
| St Aidan's Church of England Primary School | Primary | 0.4 miles | Good — 17 Jul 2022 |
| Eslington Primary School | Other | 0.4 miles | Outstanding — 2 May 2017 |
| NCG | Other | 0.6 miles | — (No rating) |
| Bensham Grove Nursery School | Nursery | 0.6 miles | Outstanding — 28 Nov 2013 |
| St Philip Neri Catholic Primary School, Dunston | Primary | 0.6 miles | Good — 21 May 2012 |
Rental Comparables
Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.
| Title | Rent | Beds | Distance | As seen on |
|---|---|---|---|---|
| 2 Bed Flat, Ashfield Close, NE4 | £880/mo | 2 | 0.71 miles | OpenRent |
| 2 Bed Semi-Detached House, Village Heights, NE8 | £1,250/mo | 2 | 0.73 miles | OpenRent |
| 2 Bed Flat, Coatsworth Road, NE8 | £600/mo | 2 | 0.75 miles | OpenRent |
| 2 Bed Flat, Elswick Road, NE4 | £800/mo | 2 | 0.88 miles | OpenRent |
Average rent: £883/mo (4 listings)
Rent-driven metrics
Based on OpenRent comparables.
- Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
- Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
- Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
- Gross yield — Annual rent as % of purchase price (no costs).
- Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
- Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
- ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).