2-bedroom flat · NE3 2AW
For saleListed 244 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
ON-SITE SAUNA & GYM | ENSUITE | TWO DOUBLE BEDROOMS | SECOND FLOOR Jan Forster Estates are delighted to welcome to the sale market this very well-presented second floor apartment, situated in the ever-popular Melton Park in Gosforth.
The building is set within the scenic grounds of McCracken Park, ideally located close to a range of convenient amenities in Brunton Park.
It also offers easy access to the shops, cafés, and restaurants on Gosforth High Street, as well as Newcastle city centre.
Nature lovers will appreciate the proximity to several beautiful green spaces, perfect for leisurely walks and outdoor activities.
Excellent public transport links are available nearby, including regular bus services and the Metro, while the A1 motorway is just a short distance away- perfect for everyday commuters.
Offered with the benefit of no upper chain, the accommodation briefly comprises: secure communal entrance, private entrance hallway with convenient storage cupboards, bright and airy lounge-diner with a Juliet balcony, very well-appointed kitchen with built-in appliances, two bedrooms- the main one benefiting from an ensuite facility and a Juliet balcony, as well as a three-piece bathroom WC.
Externally, there are communal gardens, on-site parking and a bike store. A standout feature of the development is the residents-only gym and sauna, available for use free of charge.
For more information and to book your viewing please call our Gosforth branch on . Tenure: The agent understands the property to be leasehold.
However, this should be confirmed with a licenced legal representative.
Council Tax Band: C Lounge-Diner - 5.22 x 4.55 (17'1" x 14'11") - Kitchen - 3.38 x 2.31 (11'1" x 7'6") - Bedroom One - 3.77 x 3.05 (12'4" x 10'0") - Bedroom Two - 3.19 x 2.95 (10'5" x 9'8") -
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Fencer Hill Square, Newcastle Upon Tyne
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