3-bedroom house · NE3 4RQ
Listing removedListed 204 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An opportunity to purchase this deceptively spacious 3 bedroom dormer style bungalow located on this much sought after residential road in Gosforth.
The property boasts in excess 1350 floor area and features a large extension to the rear, loft conversion with interconnecting room and shower, generous southerly facing garden and detached double garage/workshop with vehicle inspection pit.
There are 2 double bedrooms to the ground floor together with a cosy sitting room with marble fire place, fully fitted kitchen with granite work surfaces and dining room with solid oak flooring and electronically operated Velux windows.
There is also a ground floor shower room. The property benefits from UPVC sash windows and gas fired central heating via combination boiler.
There are local shops nearby on Ashburton Road as well as frequent transport links on Salters Road.
Gosforth High Street is a short distance away with its range of coffee shops, restaurants and shopping facilities.
Tenure: Freehold Council Tax Band: C EPC Rating: C Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Mains Gas Broadband: Tbc Mobile Signal Coverage Blackspot: No Parking: Shared driveway and garage 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.
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 advisors 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
.png)
FAQ
About 1, Oakfield Terrace, Newcastle Upon Tyne
Explore nearby