3-bedroom flat · NE3 4HH
Listing removedReduced £20k (−9.5%) on 5 SepListed 69 days
Opportunity summary
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About
Three Bedroom First Floor Flat | Broomfield Road | Gosforth | 976 Year Lease A spacious and well-positioned three-bedroom first floor flat, situated on the highly regarded Broomfield Road in the heart of Gosforth.
Offering approximately 68.3 sq m (735 sq ft) of accommodation, this property provides generous and versatile living space and is ideally suited to a range of buyers, including first-time purchasers, professional couples, families or investors.
The accommodation briefly comprises a welcoming entrance hall, a spacious living/dining room, separate kitchen, three bedrooms and a family bathroom.
The living/dining room provides an excellent central space for relaxing and entertaining, while the separate kitchen offers a practical and well-defined cooking area.
The property benefits from three bedrooms, providing flexibility for those requiring additional space for a home office, guest room or growing family.
Situated on the first floor, the property combines the convenience of apartment living with well-proportioned accommodation throughout.
The property is offered with the benefit of an impressive 976-year lease, providing excellent long-term security for a purchaser.
Location Broomfield Road is ideally positioned within Gosforth, one of Newcastle upon Tyne’s most sought-after residential areas.
The property is within easy reach of the excellent range of shops, cafés, restaurants and everyday amenities available on Gosforth High Street.
The location is also particularly convenient for commuters, with Regent Centre Metro station nearby providing regular services into Newcastle city centre and beyond.
There are excellent road and public transport links to the wider region, while the surrounding area is well served by local schools and recreational facilities.
Property Information • First floor flat • Three bedrooms • Spacious living/dining room • Separate kitchen • Family bathroom • Approximately 68.3 sq m (735 sq ft) • 976-year lease • Popular Gosforth location • Excellent access to Gosforth High Street and Regent Centre Metro Early viewing is highly recommended to appreciate the size, layout and excellent location of this attractive three-bedroom property.
Value & comps
No previous sales on record.
Returns
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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 24, Broomfield Road, Tyne and Wear
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