67 Friars Wharf Apartments, Green Lane, Gateshead, NE10 0QX

UPRN:10024188240Purpose Built Flat1 bedsBuilt 2007-2011

LeaseholdCouncil Tax: Band AEPC: C (74)

Data freshness:Listing· freshPlanning· 4mo agoOwnership· 1mo agoEPC· 6mo agoRisk· 5mo agoConnectivity· 1mo agoSchools· 1mo agoAmenities· 2mo agoArea· Census 2021Council Tax· 4mo ago

67 Friars Wharf Apartments, Green Lane, Gateshead, NE10 0QX

HP Score

/ 100

Mixed

Verdict

2 days ago

Verdict: INVESTIGATE, on a scale of Buy, Investigate, Avoid.
Mixed signals - investigate

Evidence

18 of 21 sources

Sale Estimate

£116,000

£104k - £127kMedium

Estimate

£116k

Range

£104k – £127k

Rent Estimate (pcm)

£1,000

£950 - £1k

Monthly

£1,000

Yield

15.02%

Verdict

Derived from HomePortfolio scores

67 Friars Wharf Apartments earns an INVESTIGATE rating with HP Score 53/100. Investment score 62/100 reflects moderate fundamentals. Crime intensity is moderate. Walkability is limited (25/100). Flood risk is not assessed: check the Environment Agency long-term flood map before offering. Tenure is leasehold. Every figure here comes from the live HomePortfolio API; anything it does not publish is left out.

Key SourcesEPC RegisterPortal listingsOfcom Connected NationsOfcom mobile coverageMarket estimates (third-party AVM)HM Land Registry sales matched to addressDefra strategic noise mapping, England Round 4 (Contains Defra data © Crown copyright and database right 2023-2024, Open Government Licence v3.0)Walk ScoreONS Census 2021Police.ukHM Land Registry company ownershipHM Land Registry leasesHM Land Registry Price PaidPlanIt / council planning portalsOverture Maps PlacesOfsted / DfE GIAS

HP Score

53/ 100

Mixed

Investment Score

62/ 100

Moderate

Crime Score

60/ 100

Elevated

Walkability

25/ 100

Low

Transit & Bike

Transit 12Bike 48

Walk Score, out of 100

Opportunity

Why this could be an opportunity

Low confidence0 independent sourcesLead to verifyListing checked 6 Nov 2026

This rests largely on a single source. Treat the score as a prompt to investigate, not a conclusion.

Check before relying on this score: the estimate sits 31% above the ask; lead to verify: leasehold with no service charge disclosed - the stress test assumes GBP 0. It ranks after every home whose inputs are verified.

Valuation edge0/15
claims [AVM +31.1% (MEDIUM)] → measured edge +0.00pp of the ask; on later-registered sales an AVM discount carried no edge and a sold-evidence gap at most +0.5pp
Market estimate used (MEDIUM confidence) · snapshot 9 Nov 2026
- valuation_snapshotsestimate for 10024188240· as of 9 Nov 2026
Rental economics40/40
gross yield 15.0%; range width penalty ×1.00; the estimate this rent rides on sits 31% above the ask - check the rent describes the advertised home
- valuation_snapshotsrent estimate 1000/mo (range 950-1000)· as of 9 Nov 2026· verify before relying on this
- valuation_snapshotssale estimate 31% above the ask on the same snapshot - verify the rent describes this home· as of 9 Nov 2026· verify before relying on this
Stress margin26.8/30
stressed cash flow +268/mo, +27% of rent (6.75% on a 75% loan; no service charge or ground rent disclosed); passes the stress; leasehold with no service charge disclosed - the stress assumes GBP 0
- underwriting_assumptionscosts not disclosed by the advert· as of 6 Nov 2026· verify before relying on this
Seller motivationNot scored
context, not scored: 1 price cut(s), unknown days on market; homes with a cut sold 0.2-0.3pp further below the cut ask, which is not an edge
- portal_listingsprice_changes + first_published_date· as of 6 Nov 2026
Risk & liquidity12.9/15
273 sales/12mo in area; valuation range width 20%
- property_intelligencetransactions_12mo

4 of 4 components scored. Ranks on gross yield, the stress margin, risk and disclosed facts. A pricing claim earns only its measured edge: today 0 for the market estimate and at most +0.5pp for sold evidence. The score itself is not yet checked against the outcomes of homes it scored.

Economics

What happens to your money

Price sensitivityScores 80+ up to £80,000

£60,000£92,000

The same scorer re-run at hypothetical asking prices, holding rent, comps and listing history constant. Not a prediction of what the seller would accept.

Your assumptions

Purchase price£79,900

At the asking price

Monthly rent£1,000/mo

Evidenced range £950-£1,000

Interest rate5.4%

Loan to value75%

Cash required: £25,270
Net cash flow: £423/mo
Cash on cash: 20.1%
Score at this price: 80

After a 8% void allowance, 15% management and 10% maintenance. Lender coverage (rent ÷ interest): 3.71 - clears the usual 1.25 test. These are your assumptions, not evidence: only the pre-filled rent and price come from the record.

Evidence

Where every number comes from

valuation_snapshotsestimate for 10024188240Valuation edge · as of 9 Nov 2026
valuation_snapshotsrent estimate 1000/mo (range 950-1000)Rental economics · as of 9 Nov 2026 · verify before relying on this
valuation_snapshotssale estimate 31% above the ask on the same snapshot - verify the rent describes this homeRental economics · as of 9 Nov 2026 · verify before relying on this
underwriting_assumptionscosts not disclosed by the advertStress margin · as of 6 Nov 2026 · verify before relying on this
portal_listingsprice_changes + first_published_date

Risks

What could kill this deal

Score confidence is low
largely a single source - treat the number as a prompt, not a conclusion
Rental economics needs verification before you rely on it
rent estimate 1000/mo (range 950-1000)
Rental economics needs verification before you rely on it
sale estimate 31% above the ask on the same snapshot - verify the rent describes this home

Plan

Before you offer

1. Get two written rental appraisals from local lettings agents.
The market estimate this rent rides on sits far above the asking price, so the rent may describe a different home.
2. Ask the agent why the price was reduced and whether a previous sale fell through.
1 price cut(s) recorded on the listing history.
3. Set your walk-away price before viewing - above £80,000 the deal stops scoring well.
Computed by re-running the score at higher prices.
4. Treat the gap to the estimate as unproven - compare recent sold prices on the street yourself before pricing an offer around it.
On later completions, homes listed below their estimate sold at the same share of the asking price as the rest.

Valuation & Market

Sale Estimate£116,000

Rent Estimate (pcm)£1,000

Gross Yield15.02%

1y Growth-

3y Growth+4.6%

5y Growth+3.5%

10y Growth+3.5%

Last Sold Price£75,000 (2018-01-25)

View Market Details

Risk Overview

Flood RiskUnknown
SubsidenceModerate
RadonLow
MiningUnknown
LandslideLow
Air QualityLow
NoiseLow

View Full Risk Report

Planning Activity

Recent Apps

0NE10 0QX

Approval Rate

-12mo

Development

low

DC/26/00693/FUL
Proposed Change of Use of The Schooner Public House to a House in Multiple Occupation (HMO)
Pending
24/00413/DOC1
Discharge of conditions 4 (CEMP) and 6 (Management Plan) of planning application DC/24/00413/FUL.
Approved
2026/1007/01/LBC
Listed Building Application: Install new central heating system including drilling of 1 x 110mm diameter hole for boiler flue and 1 x 32mm diameter hole for gas line through the front wall.
Pending

View Planning Timeline

Ownership

Corporate Ownership54.4%
Overseas OwnershipNo
Lease Term Remaining101 yrs
CovenantsNone
Lease TypeLeasehold
Last Ownership Change2018-01-25
SourceLand Registry

View Ownership Details

Connectivity

Broadband (Standard)

15 Mbps

Mobile 4G/5G Coverage

EEThreeO2Vodafone

EV Charger

PTAL Rating

View Connectivity Map

Area Profile

Median EarningsLocal authority£29,494

Population Density1,370 /km²

Owner Occupied24%

Age Distribution

0-15 18%16-64 66%65+ 16%

View Area Profile

Schools Nearby

St Vincents Catholic Primary School, Newcastle
0.4 mi
Good
St Wilfrid's Catholic Primary School, Gateshead
0.6 mi
Inspected as St Wilfrid's Roman Catholic Voluntary Aided Primary School (URN 108400) on 21 Feb 2018
Bede Community Primary School
0.6 mi
-
Monkchester Road Nursery School
0.7 mi
Area grades2025
Inspected after Ofsted withdrew the single overall grade.

1 of 11 nearby schools with published figures were oversubscribed in 2026 - demand, not a catchment.

View All Schools

Comparables

View All

Friars Wharf Apartments Green Lane
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£44k
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Friars Wharf Apartments Green Lane
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£120k
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Friars Wharf Apartments Green Lane
-
£57k
-
Friars Wharf Apartments Green Lane
-
£125k
-

Boundary data not available for this property

No registered title polygon, building footprint, or street match for this property yet.

Why: No HMLR INSPIRE / OSM footprint / OS Open USRN match for this UPRN

Source: HM Land Registry INSPIRE / OpenStreetMap / OS Open USRN