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5 bed flat for sale Saltwell Road, Gateshead, NE8

Guide Price

£140,000

Added on 22/09/2026

Type: Flat
Bedrooms: 5
Bathrooms: 1
Size: £107 per sq ft
Tenure: Leasehold; 979 years left

Council tax Band A £1,811 a year

Key features

Suitable for cash buyers only
Close to Gateshead town centre & Saltwell Park
Five-bedroom maisonette arranged over two floors
Project property requiring full completion
Ideal investment or renovation opportunity

About this property

Offered to the market as a project for cash buyers, this spacious five-bedroom maisonette presents an excellent opportunity for refurbishment and personalisation. Some renovation work has already been started, including partial preparation for a new kitchen, but the property now requires completion — making it a perfect blank canvas for investors, developers, or buyers looking to create a home to their own taste.

Floorplan

Council tax

Band A £1,811 a year

Per year

Band A

This home: £1,811
Band B

£2,112
Band C

£2,414
Band D

£2,716
Band E

£3,319
Band F

£3,923
Band G

£4,526
Band H

£5,432

This home is in band A, which costs £1,811 a year in Gateshead for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Gateshead, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Price guide

This home

£107 / sq ft

Area average (sold)

£171 / sq ft

Price per area, sold homes nearby

£104 / sq ft

£107 / sq ft

£236 / sq ft

Lowest

This home

Highest

£107 per sq ft, below the middle of recent sales in NE8 (£104–£236, 10th–90th percentile, 652 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 652 homes sold in NE8 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in NE8 →

Location

Saltwell Road, Gateshead, NE8

Open map Street View

Mortgage and stamp duty

Property price £140,000

£70k £210k

Deposit10% £14,000

£0 £140k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £126,000 mortgage. Most lenders would want a household income of about £28,000 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.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
191, Saltwell Road Flat / maisonette	Flat / maisonette	Sept 2023	1,292 sq ft £66/sq ft	1,292 sq ft	£66	£85,000
187, Saltwell Road Flat / maisonette	Flat / maisonette	Nov 2017	1,098 sq ft £66/sq ft	1,098 sq ft	£66	£72,500
227, Saltwell Road Terraced	Terraced	Jul 2008	1,808 sq ft £62/sq ft	1,808 sq ft	£62	£112,000
209, Saltwell Road Flat / maisonette	Flat / maisonette	Oct 2007	1,163 sq ft £82/sq ft	1,163 sq ft	£82	£95,000
189, Saltwell Road Flat / maisonette	Flat / maisonette	Nov 2006	624 sq ft £64/sq ft	624 sq ft	£64	£40,000
191, Saltwell Road Flat / maisonette	Flat / maisonette	May 2006	1,292 sq ft £62/sq ft	1,292 sq ft	£62	£79,950
221, Saltwell Road Flat / maisonette	Flat / maisonette	Mar 2006	1,281 sq ft £64/sq ft	1,281 sq ft	£64	£82,500
219, Saltwell Road Flat / maisonette	Flat / maisonette	Jul 2005	646 sq ft £128/sq ft	646 sq ft	£128	£82,500