2 bed flat for sale Foster Drive, St James Village, Gateshead, NE8

2 beds 1 bath Flat

Leasehold

Added on 16/09/2026

About this property

Two-bedroom Top Floor Flat in a sought-after location. No Chain Involved. Currently advertised for let at £825 per calendar month, this property represents an excellent investment opportunity.

Key features

Two Bedroom Top Floor Flat
No Chain Involved
Ideal For First Time Buyers or Investors
Approx. Floor Area: 53sqm / 570 sq ft
Council Tax Band A
EPC RATING C

Floorplan

Location

Foster Drive, St James Village, Gateshead, NE8

Open map Street View

Council tax band: A

Mortgage and stamp duty

Property price £92,500

£46k £139k

Deposit10% £9,000

£0 £93k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £83,500 mortgage. Most lenders would want a household income of about £19,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.