# 2 bedroom flat for rent (NE8 1XT)

## Property Details

| Key | Value |
|-----|-------|
| Address | 24 BENSHAM AVENUE, GATESHEAD, TYNE AND WEAR NE8 1XT |
| Price | £450 pcm |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Construction age | England and Wales: 1900-1929 |
| Floor area | 67 m² |
| Last sold | £73,000 Oct 2021 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Expiry date:** 26/04/2031
- **Current heating cost:** £470/year
- **Est. upgrade cost to C:** £12,220

### Recommendations
- B (£500 - £1,500)
- Q (£4,000 - £14,000)
- W1 (£800 - £1,200)
- E (£20)
- O3 (£1,000 - £1,400)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/2338-3005-3204-9279-8200)

## Description

Property Reference: 99188.

2 Bedroom Lower Flat 

Excellent Condition

Ideally Located for Public Transport Bus Stops At Your Doorstep

Close to local amenities walking distance Town Centre and Metro Access

Private Rear Yard

**Summary & Exclusions:**

- Rent Amount: £450.00 per month (£103.85 per week)

- Deposit / Bond: £250.00

- 2 Bedrooms

- 1 Bathrooms

- Property comes unfurnished

- Available to move in from 15 February, 2016

- Minimum tenancy term is 6 months

- Maximum number of tenants is 3

- DSS enquiries welcome

- No Students

- Pets considered / by arrangement

- Smokers considered

- Family Friendly

- Bills not included

- No Parking Available

- No Garden Access

- EPC Rating: D

** If calling, please quote reference: 99188 ** 

**Fees:**

You will **not** be charged any admin fees.

Referencing for tenants only costs £20 each, if requested by the landlord for this property.

** Contact today to book a viewing and have the landlord show you round! ** 

Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.

## Property Photos

- ![Kitchen](/listings/photos/39906780/219817) - Kitchen
- ![Bathroom](/listings/photos/39906780/219818) - Bathroom
- ![Bedroom 2](/listings/photos/39906780/219819) - Bedroom 2
- ![Bedroom 1](/listings/photos/39906780/219820) - Bedroom 1

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #7384573
- **Address:** 24 Bensham Avenue, GATESHEAD, NE8 1XT
- **Certificate Issued:** 01/06/2010
- **Work Completed:** 24/11/2009
- **Items:** 2 window(s)

## 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):** £549/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 |
|------|------|------|------|------|
| 2 Bed Maisonette, Rectory Road, NE8 | £600/mo | 2 | 0.17 miles | OpenRent |

**Average rent: £600/mo (1 listing)**

## Rent-driven metrics

*Based on OpenRent comparables (median £600/mo).*

- **Gross yield:** 1600%
- **Monthly cashflow:** £513/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4719.3%

*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).*

## Price per Square Metre

- **£/m²:** £7/m²

## 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)