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See how verdicts work2-bedroom flat · NE3 1QH
For saleListed 19 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Viewing comes highly recommended on this lovely upper flat, occupying a prime position at the top of this sought-after residential road in South Gosforth, with elevated views to the rear.
The property is presented to a high standard and has been remodelled to incorporate a fabulous four-piece bathroom suite with a walk-in shower, while retaining many of its original features.
It is conveniently located within walking distance of South Gosforth Metro Station, Jesmond Dene and the Freeman Hospital, with Gosforth High Street also a short distance away.
The property comprises an entrance hallway with a staircase leading to the first floor.
To the front is a double bedroom with a bay window, feature fireplace and ornate plasterwork to the ceiling, together with a further single bedroom.
To the rear is a good-sized sitting room providing access to a modern, fully fitted kitchen, which in turn provides access to the rear yard.
There is also a fabulous four-piece bathroom suite with a walk-in shower. Externally, there is a private rear yard with a storage shed and gated access to the rear lane.
The property also benefits from uPVC double glazing and modern gas-fired central heating via a combination boiler.
Tenure: Leasehold 999 years from 1985 (958 years remaining) Ground Rent: Peppercorn Service Charge: N/A Council Tax Band: A EPC Rating: C Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Mains Gas Broadband: Tbc Mobile Signal Coverage Blackspot: No Parking: On Street Mining The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.
Confirmation should be sought from a conveyancer as to its effect on the property, if any.
Agents note Please note that the aml fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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
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FAQ
About 133, Audley Road, Newcastle Upon Tyne
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