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Studio for sale

£69,995 (£260/sq. ft)

St. Aidans Street, Bensham, Gateshead NE8

1 269 sq. ft*
Interested in this property? Call +44 1722 515751 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Purchase a studio for £69,995
  • Units with accessible terrace/balconies available
  • 250 Year leasehold
  • 8% Net 3 Year rental assurance paid quarterly
  • Rent to whole of the market
  • Fully furnished
  • Fully managed investment
  • Units over 25 sq m

Property description

Hopper House will see the creation of 81 stylish apartments in an outstanding central Gateshead location. The development has been designed with students and young, professional urban tenants in mind and will include a host of desirable facilities, from a gym and sauna to bicycle parking and WiFi. Each apartment also features a terraced area to ensure that residents can enjoy their outside space as much as their tasteful interiors.

Offering the best in modern living and promoting a hassle-free lifestyle is core to the ethos behind Hopper House. As such, the apartments will offer an all-inclusive rental package, whereby tenants' heating, water, electricity, internet and so forth is included in their rent.

All apartments come fully furnished to an extremely high standard, with quality fixtures and fittings. Laundry rooms within the building reduce the need for washing machines in individual homes, thus maximising space for tenants while removing a maintenance headache for investors. This thoughtful approach to design has been applied across the development.

Kitchen Integrated fridge with freezer compartment, hob & oven

High gloss veneered wall and base units with integrated handles

Veneered worktops Stainless steel single bowl sink with drain board & chrome tap

Glass or perspex splashback Integrated extractor, extract ventilation to comply with building

regulation requirements

Non-slip vinyl flooring tiles Crockery - dinner plates, side plates & bowls

Cutlery - knifes, forks, spoons & teaspoons

bedrooms Carpets to be adhesive tack applied. Acoustic rated

underlay where required

Double bed and mattress with 2 pillows and 2 pillow cases. Fitted sheet, flat sheet and duvet

Fitted veneered wardrobe

Study desk and chair

2 x bookshelves

Tub chair & coffee table

Dining table & 2 x chairs

Wall mounted tv and bracket

Roller blinds

Market activity
Average price paid £127,355 Sales 333 Current average value £124,522 (Zoopla Zed-Index) Value change £1,746 ▲ 1.42%

Property value data/graphs for NE8

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £200,137 £168 3.5 £218,598
Semi-detached £138,972 £153 2.8 £129,101
Terraced £142,308 £136 3.3 £148,179
Flats £108,346 £191 2.2 £104,854

Current asking prices in NE8

Average: £109,792
Avg. current asking prices in NE8
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £90,285
Flats £86,598
All £86,598

Current asking rents in NE8

Average: £637 pcm
Avg. current asking prices in NE8
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £336 pcm
£494 pcm
£719 pcm
£802 pcm
£325 pcm
Flats £543 pcm
£579 pcm
£847 pcm
£535 pcm
£622 pcm
All £494 pcm
£578 pcm
£829 pcm
£764 pcm
£523 pcm

Fun facts for NE8

Highest value in NE8
Highest value streets Zed-Index
West Park Road £265,759
Mill Road £249,741
St. Edmunds Court £229,432
Claremont Place £227,848
Saltwell View £217,641
Highest turnover in NE8
Highest turnover streets Turnover
Parson Courtyard 57.1%
Durham Road 50.0%
Mid Summer Way 43.8%
Ash Street 38.2%
Spring Street 35.7%

What Zoopla users think of Bensham

Overall rating:

  • currently 3 stars
Good - 63% (43 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Bensham:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Manors (0.7 miles)
  • Newcastle (0.8 miles)
  • Dunston (1.8 miles)
  • Newcastle Airport (6.4 miles)
  • Durham Tees Valley Airport (32.1 miles)
  • Leeds Bradford International Airport (75.9 miles)
  • Newcastle International Ferry Terminal (6.3 miles)
  • South Shields Ferry Terminal (6.8 miles)
  • North Shields Ferry Terminal (6.8 miles)

Nearby schools

View all schools in Gateshead
  • St Joseph's Roman Catholic Voluntary Aided Primary School, Gateshead (0.4 miles)
  • Gateshead Jewish Nursery School (0.5 miles)
  • Gateshead Jewish Primary School (0.6 miles)
  • Gateshead College (0.3 miles)
  • Yeshiva Lezeirim Preparatory Academy (0.6 miles)
  • Discovery School (1.1 miles)
  • The Gateshead Cheder Primary School (0.3 miles)
  • Haskel School (0.6 miles)
  • Gateshead Jewish Boarding School (0.7 miles)
Note: Distances are straight line measurements

Local info for Gateshead

AskMe Q&A for Gateshead

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* Sizes listed are approximations. Please contact the agent to verify actual sizes.

For more information about this property, please contact
Cloud Homes, SP1 on +44 1722 515751 * (local rate)

Monthly running costs Beta

£448 Monthly total


Purchase price
Deposit (10%) 6,999
Repayment term 25
Interest rate 1.5
Your payment £251 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £10/mo (£126/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd


Gas £21 Electricity £24 Estimated energy cost £45/mo

Similar properties could save up to £155

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 6300 kWh/year
Electricity: 1800 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority


Estimated tax band A Council tax cost £119 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.


Supply £10 Sewerage £13 Estimated water cost £23 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Cloud Homes about this property

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Cloud Homes, and do not constitute property particulars. Please contact Cloud Homes for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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