2-bedroom flat · NE3 1QX
Sold STCListed 34 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lower ‘Tyneside’ Apartment with Private West Backing Rear Yard, Priced to Reflect Cosmetic Updating Needed & Offering in Excess of 700 Sq Ft.
Of Internal Living Accommodation, Two Good Sized Double Bedrooms, Lounge/Diner, Fitted Kitchen, Family Bathroom Priced & Offered with No Onward Chain!
This two bedroom lower ‘Tyneside’ apartment is ideally located on Audley Road, South Gosforth.
Audley Road, is perfectly placed for access to the local shops and amenities within South Gosforth such as Sainsbury’s Local and The Brandling Villa.
The property provides well proportioned living space with a spacious lounge and dining area, feature fireplaces and bay window detailing, while the fitted kitchen offers useful storage and direct access to the outside.
Both bedrooms are doubles, with the bay-fronted main bedroom providing a particularly generous space, complemented by a well-appointed family bathroom.
Externally, there is a low-maintenance front garden and an enclosed West backing rear courtyard providing useful private outdoor space.
Audley Road also benefits from being within short distance to Gosforth High Street with its restaurants, pubs and cafes, as well as being close to South Gosforth Metro Station offering excellent transport links into Newcastle City Centre and beyond.
On The Ground Floor - Hall - Lounge/Diner - 4.16m x 3.73m (13'8" x 12'3") - Measurements taken from the widest points.
Kitchen - 3.48m x 2.43m (11'5" x 8'0") - Measurements taken from the widest points. Bathroom - 1.93m x 2.43m (6'4" x 8'0") - Measurements taken from the widest points.
Bedroom - 3.15m x 2.37m (10'4" x 7'9") - Measurements taken from the widest points. Bedroom - 5.21m x 4.14m (17'1" x 13'7") - Measurements taken from the widest points.
Store - Disclaimer - The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
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 Audley Road, South Gosforth, Newcastle Upon Tyne, NE3
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