2-bedroom flat · NE3 4ES
To rentListed 24 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to bring to market a stunning development of five apartments in the heart of Gosforth, within easy walking distance to Gosforth High Street and the amenities it has to offer, with excellent transport links to Newcastle City Centre and the A1.
Each apartment has been fully refurbished to a high standard and briefly comprises: open-plan living areas with well equipped kitchen, two double bedrooms, ensuite facilities and family bathroom.
(The arrangement varies on each apartment). These stunning homes also benefit from a welcoming communal area and security entry system, with outdoor space and parking permits available with some.
The apartments are available part-furnished ** Register your interest by contacting ** Entrance Hall Cloaks / WC Living Room 5.23m x 5.18m Master Bedroom Ensuite Bedroom Two Ensuite Notes We require One month’s rent in advance and One month’s rent as a damage deposit (subject to terms and conditions).
Tenant Obligations: The tenant is responsible (unless otherwise informed) for the connection and payment of utilities including electric, gas, water, telephone and is responsible for council tax.
The tenant must keep the property and its' gardens in good, clean and tidy condition thoughout the term of the tenancy.
it is the responsibility of the tenant to contact the relevant utility companies and set up the bills in their own name.
Disclaimer OMBUDSMAN Dobson’s Residential Sales and Lettings are members of OEA (Ombudsman Estate Agents) and subscribe to the OEA Code of Practice.
Disclaimer: The particulars are set out as a general outline only for the guidance of intended purchasers or lessees and do not constitute, nor constitute part of, an offer or contract: All descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers should not rely on them as statements of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them.
Whilst we endeavour to make our sales particulars accurate and reliable, if there is anything of particular importance please contact the office and we will be pleased to check the information.
Do so particularly if contemplating travelling some distance to view the property.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 West Avenue, Gosforth, NE3
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