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See how verdicts work2-bedroom property · NE3 3BZ
For saleReduced £10k (−3.6%) on 21 JunListed 395 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An opportunity to purchase this well appointed three bedroom town house located within the much sought after Lanesborough Court development on the fringe of central Gosforth.
The development offers secure secluded living within a private gated community with lovely communal gardens.
The property itself offers flexible accommodation over three floors to suite a variety of potential purchasers.
Key features include ground floor shower room, 3 double bedrooms and 2 en suite facilities.
There is a spacious open plan kitchen / living room to the first floor together with good size garage and allocated parking space.
There are frequent transport links nearby as well as local shops and amenities. Gosforth High Street is a short distance away.
Tenure: Leasehold 999 years from 2001 (975 years remaining) Ground Rent: £ per (6 months/ annum) - Review Period: Tbc - Increase Amount: Tbc Service Charge: £ per (6 months/ annum) - Review Period: Tbc - Increase Amount: Tbc Council Tax Band: D EPC Rating: C Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Gas Broadband: Tbc Mobile Signal Coverage Blackspot: No Parking: Allocated Parking Space 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. Restrictions and rights Restrictions on property? Yes: No parking boats, caravans or mobile homes on site.
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
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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.
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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
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FAQ
About 22, Lanesborough Court, Newcastle Upon Tyne
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