2-bedroom flat · NE3 1TF
For saleListed 6 daysAuction 6 Nov · in 17 days
Opportunity summary
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About
FOR SALE BY ONLINE AUCTION ENDING 6TH NOVEMBER 2026 AT 12:00PM. THE PROPERTY IS SOLD UNDER UNCONDITIONAL AUCTION TERMS AND CONDITIONS.
A well presented, dual aspect top floor apartment located within a sought-after and modern development in the heart of South Gosforth.
Designed with both convenience and comfort in mind, the development benefits from a secure intercom entry system whilst the apartment itself benefits from allocated parking bay ensuring hassle-free parking in this popular area.
The welcoming hallway leads through to a generously proportioned lounge and dining area, complete with patio doors opening onto a Juliet-style balcony, creating a pleasant space to relax or entertain.
The impressive modern fitted kitchen is equipped with a range of sleek wall and base units and built-in cooking appliances as well as integrated making it both stylish and practical.
There are two double bedrooms, including a master bedroom with its own en-suite shower room for added privacy and convenience, while the second double bedroom provides flexibility for guests, family, or home working.
Completing the accommodation is a bathroom with a modern suite.
Perfectly positioned, the development enjoys convenient access to a wide selection of local amenities, shops, and leisure facilities, along with transport links.
South Gosforth Metro Station is approximately a 0.2 mile walk way and major road routes make it ideal for commuters and those wishing to explore Newcastle and the surrounding areas.
This apartment will appeal to a wide range of buyers, including first-time purchasers seeking their first home, investors looking for a well-placed rental opportunity, and those wishing to downsize in a highly desirable location.
This property is being sold subject to unconditional auction terms and conditions. Timescales Immediate exchange of contracts. Completion must take place within 28 days.
Buyer Fees This property is sold subject to a non-refundable purchase premium of 2.4% inc. VAT subject to a minimum of £3,600 including VAT. This does not form part of the purchase price.
Deposit In order to secure the purchase a buyer will pay a deposit of 5% (subject to a minimum of £3,600) which contributes towards the overall purchase price of the property.
The deposit is non-refundable. Legal Pack A legal pack is available for this property.
We strongly advise all potential bidders thoroughly read through the legal pack prior to bidding, paying particular attention to the special conditions.
If you are unsure of anything contained within the pack, please consult a legal representative.
More Information For further information please contact our auction department on or email ONLINE AUCTION NOTICE I hereby acknowledge and confirm the following: Once placed, my bid cannot be withdrawn and will stand until 2 hours after the auction closes.
My bid may be accepted by the seller at any time before the close of the auction. I have read and understood the terms of the auction and my bid is placed accordingly.
I have read and understood the legal pack applicable to this property and I understand that I am bound by the special conditions contained within.
If my bid is successful at any point from now until up to 2 hours after the auction closes, I shall be bound by the lot terms and conditions as advertised online.
The auction will continue to run if there is a bid within 5 minutes of the closing time. After 5 minutes without a bid, providing the reserve price has been met, the highest bidder will be successful.
If there is another bid within 5 minutes of the last bid, the auction countdown timer will be restarted for another 5 minutes to allow further bidding.
This system makes it fairer for all parties involved and prevents last second bidding.
Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.
It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer.
The auctioneer accepts no responsibility for bids that are not received or are received late, and reserves the right to reject any bid without notice.
EPC Rating: C Kitchen / Living Area 3.26m x 7.74m Bedroom 1 2.55m x 4.12m Bedroom 2 2.55m x 4.11m Bathroom 1.92m x 2.02m En Suite 1.18m x 2.27m Parking - Allocated parking
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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 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
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FAQ
About Wrendale Court, Gosforth, NE3
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