We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Viewing comes highly recommended on this executive one-bedroom apartment, located within the much sought-after Greystoke Park development on the northern fringe of Gosforth.
The property offers generous accommodation throughout, complemented by a range of quality fixtures and fittings.
The well-appointed kitchen features fully integrated appliances and granite work surfaces.
A particular benefit is the secure garage, situated within a separate block and accessed via an electronically operated gate.
The development itself provides secure living, with lift access and communal parking for residents.
Additional features include upgraded gas-fired central heating via a combination boiler and uPVC double glazing.
Ideally positioned for convenient access to the A1 motorway and central Gosforth, the property is within easy reach of a wide range of shopping facilities, restaurants, cafés, and other local amenities.
Frequent public transport links are also available nearby.
Tenure: Leasehold 999 years from 1992 (965 years remaining) Ground Rent: £25 per annum - Review Period: Tbc - Increase Amount: Tbc Service Charge (includes building insurance): £707.05 per 6 months - Review Period: Tbc - Increase Amount: Tbc Council Tax Band: D EPC Rating: C Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Mains Gas Broadband: Tbc Mobile Signal Coverage Blackspot: No Parking: Garage in Separate Block Mining The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.
Confirmation should be sought from a conveyancer as to its effect on the property, if any.
Agents note Please note that the aml fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead. Restrictions and rights Restrictions on property?
Yes: No parking boats, caravans or mobile homes on site. Accessibility This property has accessibility adaptations: • Suitable for wheelchair user • Level access • Lift access
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
Agent & docs
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FAQ
About Greystoke Park, Newcastle Upon Tyne
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