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See how verdicts work1-bedroom flat · NE3 1UP
Sold STCListed 190 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Superb location with period features and no onward chain! This one bedroom ground floor flat is ideally placed on Wolveleigh Terrace, Gosforth.
Wolveleigh Terrace, a stone's throw from excellent local schools, is within walking distance to the shops, cafés and restaurants of Gosforth High Street and within close proximity to Gosforth’s Central Park and South Gosforth Metro Station.
The accommodation briefly comprises: entrance lobby through to entrance hall; lounge with walk in bay and feature fireplace; dining room with feature fireplace, storage cupboard and French doors leading out to the yard; kitchen with fitted units, work surfaces and dual windows; bathroom complete with three piece suite and two storage cupboards; one double bedroom with dual windows.
Externally, an enclosed yard laid to decking with wall boundaries and gated access.
Ground Floor Flat | One Double Bedroom | 772 Sq ft (71.7m2) | Lounge | Dining Room | Kitchen | Bathroom | Private Yard | No Onward Chain | Leasehold - Tyneside Lease with Peppercorn Rent - 955 Years Remaning | Council Tax Band A | EPC:
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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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 Wolveleigh Terrace, Gosforth, Newcastle upon Tyne
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