# 3 bedroom house for rent (NE11 9PT)

## Property Details

| Key | Value |
|-----|-------|
| Address | 4 GIBSIDE COURT, GATESHEAD, GATESHEAD, TYNE AND WEAR NE11 9PT |
| Price | £750 pcm |
| Bedrooms | 3 |
| Last sold | £208,500 Jun 2007 |

## Description

We introduce to the rental market this well presented family home situated within the popular Gibside Court area of Whickham. The property is conveniently situated for access to the wide range of amenities and facilities Whickham has to offer including Banks, bars, restaurants and schools. Further amenities are offered within the Metro Centre and Team Valley. Bus services and transport routes provide commuter links to Newcastle City Centre and the surrounding areas.  The property comes warmed via gas central heating and benefits from double glazing.  The internal living space briefly comprises:-   entrance lobby, open plan lounge and dining area, breakfasting kitchen, conservatory and to the first floor there is a Master Bedroom with En-suite a further double bedroom, single bedroom and a  family bathroom/wc. Externally there is an open aspect lawned garden to the front with an enclosed private garden to the rear and driveway which provides for off street parking. Availble to let immediately on a furnished basis viewing comes highly recommended.

## Property Photos

- ![Photo](/listings/photos/26369347/532476)
- ![Photo](/listings/photos/26369347/532479)
- ![EPC](/listings/photos/26369347/532481) - EPC

## Rental Range

*ONS Price Index of Private Rents (Gateshead). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £709/mo
- **Realistic:** £788/mo
- **Optimistic:** £867/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Tyneside (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £648/mo

## 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 |
|------|------|------|------|------|
| 3 Bed Semi-Detached House, Knightside Gardens, NE11 | £895/mo | 3 | 0.4 miles | OpenRent |
| 3 Bed Flat, Holly Avenue, NE11 | £875/mo | 3 | 0.42 miles | OpenRent |
| 3 Bed Semi-Detached House, Lobley Hill, NE11 | £975/mo | 3 | 0.62 miles | OpenRent |
| 3 Bed Semi-Detached House, The Granary, NE11 | £1,500/mo | 3 | 0.64 miles | OpenRent |
| 3 Bed Terraced House, Derwentwater Road, NE8 | £1,050/mo | 3 | 0.81 miles | OpenRent |

**Average rent: £1,059/mo (5 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £975/mo).*

- **Gross yield:** 1560%
- **Monthly cashflow:** £850/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4687.2%

*Gross yield = annual rent as % of price (no costs). Cashflow = rent − 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).*

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)
