At NGU Homes, 3-beds are averaging £783 a month right now - real, achieved rents, not estimates. If yours is lower, you might be undercharging.

📍 Real rents, by bedroom count

By bedroomsAvg. rent achievedSample
2 bed£65949 properties
3 bed£78338 properties

Location makes a real difference too - our 2-beds in NE10 (Windy Nook, Leam Lane) average £687 a month, against £520 in NE17 (Chopwell).

📈 Real rent increases we've just pushed through

Here are five examples from the eighteen rent reviews we've completed for Gateshead landlords since August, averaging a 6.3% increase overall - real increases, already agreed:

Area / bedsPrevious rentNew rentIncrease
NE10, 3 bed£700£770+10.0%
NE21, 2 bed£660£710+7.6%
NE11, 2 bed£800£845+5.6%
NE8, 3 bed£625£655+4.8%
NE11, 3 bed£895£910+1.7%

Increases across all 18 reviews ranged from 1.7% to 10.0%. The 6.3% average is running a little ahead of the boroughwide rent growth figure of 5.8% below.

📍 Managed locally, wherever you are

Every rent review above was handled start to finish by our own team on the ground in the North East - the tenant conversation, the Section 13 notice, the paperwork. If you're not local yourself, that's the whole point: you get the return, and we handle the hassle. It's a settled portfolio, too: 55% of our current Gateshead tenancies have already run for two years or more, and the average so far is around five years.

📊 The boroughwide numbers

Gateshead's average house price is up 3.7% this year, and rent has grown faster still, up 5.8%.

Avg. house priceAvg. rent (pcm)Best yield: flats
£156,000 (↑ 3.7% year-on-year)£804 (↑ 5.8% year-on-year)8.7% (Est. gross yield)

Here's how that breaks down by property type:

💷 Buy-to-let snapshot by property type

TypeAvg. priceAvg. rentEst. yield
Flat£97,000£7078.7%
Terraced£151,000£8126.5%
Semi-detached£181,000£8425.6%
Detached£289,000£1,1014.6%

Estimated gross yield, calculated from average price and average rent by property type. Excludes costs, fees, and void periods.

🏠 Nothing live right now

Both of our Gateshead listings - two ground-floor flats in Bensham - are now Sold STC, and we don't have another on the market to show you right now. If you want to be first to hear when the next one comes up, register for alerts and we'll let you know as soon as it does.

For more properties we're marketing across the North East, visit nguhomes.co.uk.

That's what making money from property in Gateshead actually looks like right now - real rent increases, on real properties, not just a market average. If you'd like to talk through your rent, a purchase, or your wider portfolio, just reply and I'll go through the numbers with you, or call our Tyne & Wear team on 0191 491 0344.


If you publish this on the blog, update the "Nothing live right now" section if a Gateshead listing goes live first. Want the video script and Instagram post for Gateshead next?