3 bed flat for sale

Hyde Park Street, Bensham, Gateshead NE8

For sale by online auction ending 22nd August 2025 at 2PM. The property is sold under unconditional auction terms and conditions.

Offered to the market with no onward chain, this spacious three-bedroom first floor flat presents an exciting opportunity for those looking to put their own stamp on a home. Requiring updating and refurbishment, the property is ideally suited to first-time buyers seeking a project, or investors looking to add value and maximise rental potential.

Situated within a popular and well-established residential location, the flat is conveniently positioned for access to a range of local amenities including shops, schools, and leisure facilities. Transport routes and services provide commuter links to the surrounding areas.

The internal layout comprises a generous lounge featuring a chimney breast with a decorative fire surround, creating a focal point for the space. The fitted kitchen offers scope for modernisation, while the bathroom and three well-proportioned bedrooms provide flexible living accommodation to suit a range of needs.

This is a fantastic opportunity to acquire a property with great potential in a sought-after area.

Viewing is highly recommended to fully appreciate the potential on offer.

Entrance Lobby

First Floor Landing

Lounge (4.68m x 3.53m)

Kitchen (3.85m x 2.16m)

Bathroom (2.11m x 1.66m)

Bedroom One (4.4m x 3.6m)

Bedroom Two (3.68m x 2.23m)

Bedroom Three (2.5m x 2.2m)

Tenure

Sarah Mains Residential have been advised by the vendor that this property is leasehold although we have not seen any legal written confirmation to be able to confirm this. Please contact the branch if you have any queries in relation to the tenure before proceeding to purchase the property.

Property Information

Local Authority: Gateshead
Flood Risk: This property is listed as currently having a very low risk of flooding although we have not seen any legal written confirmation to be able to confirm this. Please contact the branch if you have any queries in relation to the flood risk before proceeding to purchase the property.
TV and Broadband: BT, Sky – Basic, Superfast, Ultrafast in the area
Mobile Network Coverage: EE, Vodafone, Three, O2 in the area
Please note, we have not seen any documentary evidence to be able to confirm the above information and recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property.

Recording Devices

Please be aware that some properties may be equipped with CCTV, video doorbells, or other recording devices (including internal audio/video surveillance) for security purposes. While viewings are conducted in private homes, we ask that all attendees respect that the property owner may choose to monitor or record access to their home. If you have any concerns regarding this, please speak to a member of our team prior to your appointment. We have advised all vendors that any recording during viewings should be disclosed and used strictly for personal purposes only, in accordance with data protection and privacy laws.

Terms & Timescales

This property is being sold subject to unconditional purchase premium auction terms and conditions.
Immediate exchange of contracts. Completion must take place within 28 days.

Legal Pack

A legal pack is available for this property. We strongly advise all potential bidders thoroughly read through the legal pack prior to bidding, paying particular attention to the special conditions. If you are unsure of anything contained within the pack, please consult a legal representative.

Deposit

In order to secure the purchase a buyer will pay a deposit of 5% (subject to a minimum of £3,000) which contributes towards the overall purchase price of the property.
The deposit is non-refundable.

Buyer Fees

This property is sold subject to a non-refundable purchase premium of 2.4% inc VAT, subject to a minimum of £3000 inc VAT. This does not form part of the purchase price.

More Information

For further information please contact our auction department on or email

Online Auction Notice

I hereby acknowledge and confirm the following:

Once placed, my bid cannot be withdrawn and will stand until 2 hours after the auction closes. My bid may be accepted by the seller at any time before the close of the auction. I have read and understood the terms of the auction and my bid is placed accordingly. I have read and understood the legal pack applicable to this property and I understand that I am bound by the special conditions contained within. If my bid is successful at any point from now until up to 2 hours after the auction closes, I shall be bound by the lot terms and conditions as advertised online.

The auction will continue to run if there is a bid within 10 minutes of the closing time. After 10 minutes without a bid, providing the reserve price has been met, the highest bidder will be successful. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This (truncated)