3-bedroom flat · NE3 1QX
Listing removedListed 182 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Three Bedroom Upper ‘Tyneside’ Flat with Private West Backing Rear Yard & Boasting on Excess of 750 Sq ft. Priced to Reflect Cosmetic Updating Needed and Offered with No Onward Chain!
**Vendors To Extend Lease To 999 Years Prior To Completion** This three bedroom upper ‘Tyneside’ flat 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.
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.
The internal accommodation briefly comprises: Entry into a hallway with stairs rising to the first-floor landing, which provides access to three well-proportioned bedrooms, including the principal, featuring a front-aspect bay window.
To the rear of the home, there is a good-sized reception room with useful storage cupboards and access into the kitchen.
The kitchen is fitted with fitted wall and base units, tiled flooring, and leads through to a rear hallway with a door opening into the courtyard garden.
From here, there is access to the family bathroom, equipped with three-piece suite including a bath with overhead shower, wash-hand basin, and WC.
Externally, the property enjoys a charming town garden to the front with established planting, while to the rear lies an enclosed west backing courtyard with access to the rear service lane.
Fully double glazed throughout with gas ‘Combi’ boiler and offered with no onward chain, early viewings are deemed essential!
On The First Floor - Landing - Bedroom - 4.38m x 3.83m (14'4" x 12'7") - Measurements taken from widest points Bedroom - 3.33m x 2.44m (10'11" x 8'0") - Measurements taken from widest points Bedroom - 3.03m x 2.44m (9'11" x 8'0") - Measurements taken from widest points Reception Room - 4.44m x 3.21m (14'7" x 10'6") - Measurements taken from widest points Kitchen - 2.85m x 2.36m (9'4" x 7'9") - Measurements taken from widest points Bathroom - 2.39m x 1.43m (7'10" x 4'8") - Measurements taken from widest points 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
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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, Newcastle Upon Tyne, NE3
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