Often lumped in with Newcastle, Gateshead is a town in its own right, situated on the opposite bank of the Tyne river from its more famous neighbour.
A dozen miles from the North Sea, Gateshead is well known for its Quayside shopping centre as well as its historical association with the iron industry.
It is now probably most famous for being the host of Anthony Gormley's iconic Angel of the North statue which proudly stands just off the A1, a road which directly links Gateshead with Leeds and, ultimately, London.
Saltwell is the most sought after area of the town, with huge properties commanding fees of several hundred thousand pounds, but move closer into the centre and prices begin to reflect more closely the historical low wages of the town, with flats costing over £120,000 in many cases, which is still surprisingly on the high side.
These properties would suit a person in the rental business quite well as the University of Newcastle is not too far away and students could be tempted to cross the Tyne in search of a bargain property.