Guide price
£40,000
Property for saleGarages Rear Of Fullerton Place, Deckham, Gateshead NE9
EPC Rating: D
Just added
Freehold
About this property
Eight garages and small plot of land
Seven of the eight garages let producing £5460 per annum
Freehold site area of 2697 sq. Ft. (250.6 sq. M.)
Attractive 13.65 % yield based on £40000 guide price
Attractive investment opportunity with redevelopment potential stpp
Established residential setting near Old Durham Road and A167
Eight garages and small plot of land. Seven of the eight garages let producing £5,460 per annum. Freehold site area of 2,697 sq. Ft. (250.6 sq. M.). Attractive 13.65 % yield based on £40,000 guide price. Attractive investment opportunity with redevelopment potential stpp. Established residential setting near Old Durham Road and A167.
Auction Guide Price £40,000 +
Ref I516
Live Auction on Thursday 27th August 2026 - Option 1
For Sale by Auction. Terms and Conditions apply, see
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2,000+VAT (total £2,400).
Location
The garages are situated to the rear of Fullerton Place in the Deckham area of Gateshead, offering a convenient and accessible location within a well-established residential setting. Positioned just off the main routes connecting to Old Durham Road and Durham Road (A167), the site benefits from excellent transport links to Gateshead town centre, Newcastle, and surrounding districts.
This tucked-away position provides a quiet and secure environment, ideal for storage, parking, or small-scale investment use. The area is well-served by local amenities, with nearby shops, schools, and public transport routes ensuring strong demand for garage and storage space. The location combines practical access with residential convenience, making it a versatile opportunity for owner-occupiers or investors seeking property in a popular suburban part of Gateshead.
Description
We are delighted to bring to the market this block of eight garages with an adjoining plot of land, located to the rear of Fullerton Place in the established residential area of Deckham, Gateshead. Constructed in traditional brick with corrugated roofs, the garages offer secure and practical storage or parking accommodation. We are advised that seven of the eight garages are currently let, producing a combined rental income of £5,460 per annum (£65 p/c/m per unit), providing an immediate and reliable income stream for investors.
One unit has suffered structural damage and requires repair, offering scope to increase the overall yield once reinstated. The site presents an attractive investment opportunity with potential for future enhancement or redevelopment, subject to any necessary consents. Its accessible location and established tenant base make it a straightforward, income-producing asset in a popular suburban setting.
Site Area
2,697 sq. Ft. (250.6 sq. M.)
Title Number
TY133029
Tenure
Freehold
Auction
Thursday 27th August 2026 - Auction terms and conditions apply, see website
Auction Guide Price
£40,000 +
Viewing Arrangements
Strictly by appointment through this office.
Information Notice
1. Particulars above are not a contract or offer or part of one. You should not rely on statements by Rook Matthews Sayer in the particulars or by word of mouth or in writing as being factually accurate about the property/business, its condition or its value. Rook Matthews Sayer has no authority to make any representations about the property, and accordingly any information given is entirely without responsibility. Any reference to alterations to, or use any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained. A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct.
2. The photographs show only parts of the property as they appeared at the time taken.
3. Any areas, measurements and distances given are approximate only.
4. Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2,000 +VAT (total £2,400) Auction Administration Fee. Joint Agents: The Agents Property Auction Ltd. Tel Terms and conditions apply see:
Auction Guide Price £40,000 +
Ref I516
Live Auction on Thursday 27th August 2026 - Option 1
For Sale by Auction. Terms and Conditions apply, see
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2,000+VAT (total £2,400).
Location
The garages are situated to the rear of Fullerton Place in the Deckham area of Gateshead, offering a convenient and accessible location within a well-established residential setting. Positioned just off the main routes connecting to Old Durham Road and Durham Road (A167), the site benefits from excellent transport links to Gateshead town centre, Newcastle, and surrounding districts.
This tucked-away position provides a quiet and secure environment, ideal for storage, parking, or small-scale investment use. The area is well-served by local amenities, with nearby shops, schools, and public transport routes ensuring strong demand for garage and storage space. The location combines practical access with residential convenience, making it a versatile opportunity for owner-occupiers or investors seeking property in a popular suburban part of Gateshead.
Description
We are delighted to bring to the market this block of eight garages with an adjoining plot of land, located to the rear of Fullerton Place in the established residential area of Deckham, Gateshead. Constructed in traditional brick with corrugated roofs, the garages offer secure and practical storage or parking accommodation. We are advised that seven of the eight garages are currently let, producing a combined rental income of £5,460 per annum (£65 p/c/m per unit), providing an immediate and reliable income stream for investors.
One unit has suffered structural damage and requires repair, offering scope to increase the overall yield once reinstated. The site presents an attractive investment opportunity with potential for future enhancement or redevelopment, subject to any necessary consents. Its accessible location and established tenant base make it a straightforward, income-producing asset in a popular suburban setting.
Site Area
2,697 sq. Ft. (250.6 sq. M.)
Title Number
TY133029
Tenure
Freehold
Auction
Thursday 27th August 2026 - Auction terms and conditions apply, see website
Auction Guide Price
£40,000 +
Viewing Arrangements
Strictly by appointment through this office.
Information Notice
1. Particulars above are not a contract or offer or part of one. You should not rely on statements by Rook Matthews Sayer in the particulars or by word of mouth or in writing as being factually accurate about the property/business, its condition or its value. Rook Matthews Sayer has no authority to make any representations about the property, and accordingly any information given is entirely without responsibility. Any reference to alterations to, or use any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained. A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct.
2. The photographs show only parts of the property as they appeared at the time taken.
3. Any areas, measurements and distances given are approximate only.
4. Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2,000 +VAT (total £2,400) Auction Administration Fee. Joint Agents: The Agents Property Auction Ltd. Tel Terms and conditions apply see:
Mortgage calculator
Monthly repayment
£200 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}