1-bedroom flat · NE3 1DX
Listing removedListed 161 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**** AVAILABLE NOW ** MODERN FLAT SHARE ** ALL BILLS INCLUDED IN MONTHLY RENT ** GOSFORTH ****Cloud Estates welcome this modern five bedroom professional flat share situated in the heart of Gosforth on Salters Road.The property comprises of three double bedrooms, two single rooms, a good sized living room with new sofas and dining table and a brand new fully fitted kitchen with two double fridge freezers.
There is also washing and drying facilities.
Each bedroom has a double bed, chest of drawers, wardrobe and desk with chair.Located within walking distance to Gosforth High Street that has an abundance of local shops, restaurants and amenities.
There are also lots of bus routes just outside the property and within walking distance to South Gosforth Metro Station.The following bills are included in the stated rent;Council taxGasElectricWater Wi-Fi Please contact Cloud Estates for a viewing today!
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 Salters Road, Gosforth
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