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See how verdicts work2-bedroom flat · NE3 4JL
Sold STCListed 266 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within this sought-after development in Gosforth, is this delightful two bedroom apartment, ideally located on the fifth floor with stunning views to the north and south.
Montagu Court, designed by renowned architects Waring & Netts, is a landmark development on the prestigious Montagu Avenue.
The building offers lift and stair access to all floors, a concierge service, beautifully maintained gardens, CCTV and ample resident and visitor parking.
Boasting almost 1,800 Sq ft, the accommodation briefly comprises: Communal entrance hall with secure telephone entry system and lift and stairs access all floors | Private entrance hall with two storage cupboards and a WC | Impressive 22ft split level sitting room with dual windows and French doors leading out to the south facing balcony, providing views over the Town Moor and towards Newcastle City Centre | Dining room with sliding doors through to the sun lounge, again with balcony access | Kitchen with a range of fitted units and integrated appliances | Hallway with storage cupboard | Bedroom one with fitted wardrobes | Bedroom two, also with fitted wardrobes and a north facing balcony with further lovely views | Shower room with three piece suite.
Externally, the property benefits from allocated off street parking and a single garage.
Services | Mains; Electricity, Gas, Water, Drainage | Tenure; Leasehold | Lease Term Remaining; 941 Years | Service Charge; £5209.32 Per Annum | Council Tax; Band F | Energy Performance Certificate; Rating C
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 Montagu Court, Gosforth, Newcastle Upon Tyne
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