2-bedroom flat · NE3 4EU
For saleListed 7 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well Presented & Fully Refurbished 2nd Floor Conversion Apartment within Central Gosforth!
Located in the heart of Gosforth’s conservation area, a generous conversion apartment occupying the second floor of a proud Edwardian Terrace on Woodbine Avenue, Gosforth.
Within striking distance of the shops and restaurants of Gosforth High Street, Woodbine Avenue is perfectly placed close to excellent local schools and transport links into the city and beyond.
Boasting in excess of 870 Sq ft, the accommodation is accessed via a communal hallway and comprises private entrance hall with secure entry phone; 20ft lounge/diner with cast iron feature fireplace and double-glazed window to the front; bedroom two, a double room with double-glazed windows to the front; stylish kitchen with in-frame cabinetry, work surfaces and door to fire escape with west-facing balcony area and artificial grass.
The rear hall opens from the kitchen and boasts a south west facing double-glazed window and secondary door to the fire escape and gives access to the bedroom one, a generous room with dual aspect views and walk-in wardrobe area; stylish bathroom with three piece suite and a separate shower room, again with three piece suite and utility cupboard housing the ‘combi’ boiler with space for washing machine.
Great for a range of buyers, this apartment demands an early internal inspection!
Conversion Apartment | 2nd Floor | Share of Freehold - 956 Years Remaining | 874 Sq ft (81.2m2) | Fully Refurbished | Two Double Bedrooms | 20ft Lounge | Stylish Kitchen | Stylish Bathroom & Shower Room | Conservation Area | Close to Gosforth High Street | GCH & DG | Well Presented Throughout | EPC Rating: C
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
Agent & docs
FAQ
About Woodbine Avenue, Gosforth, Newcastle upon Tyne
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