3-bedroom flat · NE3 2NS
Sold STCListed 67 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well-presented three-bedroom top floor flat situated within a secure, purpose-built development in the popular residential area of Gosforth, offering convenient access to a range of local amenities.
The property provides practical and well-balanced accommodation, featuring a fitted kitchen, a comfortable lounge, and three bedrooms with fitted furniture.
Dual access to the property, both privately and via a communal entrance, adds to the overall flexibility and appeal, while the shower room completes the internal layout.
Externally, the development is arranged around a central courtyard with resident parking and secure gated access.
Gosforth is a highly sought-after area, offering a wide selection of shops, cafés and restaurants, along with excellent transport links including nearby Metro stations and easy access to Newcastle city centre and the A1.
The area is also well regarded for its green spaces and local amenities, making it a popular choice for a variety of buyers.
The internal accommodation comprises: a private external entrance door leading directly into the kitchen, which is fitted with a range of wall and base units and offers space for a freestanding cooker and fridge-freezer.
From the kitchen, there is access into a central hallway which runs through the property and provides access to all principal rooms.
In addition, the property benefits from a second secure access point via a communal entrance and staircase, offering flexibility and convenience.
The lounge is positioned at the end of the hallway, providing a comfortable main living space.
There are three bedrooms in total, with two well-proportioned double rooms and a third single bedroom, all of which benefit from fitted furniture including wardrobes and desk space, making them ideal for a variety of uses.
The accommodation is completed by a family shower room, fitted with a walk-in shower, WC and wash hand basin.
Externally, the property forms part of a purpose-built development arranged around a central courtyard, which provides resident parking.
The development benefits from a secure gated entrance with keypad access for both vehicles and pedestrians, enhancing both privacy and security.
On The Ground Floor - Hall - 7.17m x 1.00m (23'6" x 3'3") - Measurements taken at widest points. Lounge/Dining Room - 4.66m x 2.64m (15'3" x 8'8") - Measurements taken at widest points.
Kitchen - 3.22m x 2.64m (10'7" x 8'8") - Measurements taken at widest points. Bedroom - 3.48m x 3.80m (11'5" x 12'6") - Measurements taken at widest points.
Bedroom - 3.20m x 3.80m (10'6" x 12'6") - Measurements taken at widest points. Bedroom - 2.34m x 3.80m (7'8" x 12'6") - Measurements taken at widest points.
Bathroom - 2.00m x 2.64m (6'7" x 8'8") - Measurements taken at 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
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
Agent & docs
FAQ
About Park Avenue, Gosforth, Newcastle Upon Tyne, NE13
Explore nearby