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See how verdicts work2-bedroom flat · NE3 4PE
For saleListed 810 days
Opportunity summary
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About
Spacious two bedroom two bathroom apartment with a walk out balcony enjoying views over the courtyard located on the third floor of a McCARTHY stone Retirement Living Plus development with an on-site restaurant, estate manager and a bus stop outside, offering quality care services delivered by McCARTHY stone experienced cqc registered Estates team.
Summary Kenton Lodge was built by McCarthy & Stone purpose built for assisted living. The development consists of 53 one and two-bedroom retirement apartments for the over 70s.
There is a House Manager on site and a 24-hour emergency call system provided via a personal pendant alarm and with call points in the bathroom.
The development includes a Homeowners' lounge, dining room and landscaped gardens. There is a guest suite for visitors who wish to stay (additional charges apply).
A car parking – permit scheme applies, check with the House Manager for availability.
Kenton Lodge is situated in Gosforth which is bursting with history, you’ll find a delightful mix of green open spaces such as such as Dukes Moor and Central Park with its attractive avenues of lime trees, ornamental flower and rose beds, plus busier areas where you can shop or enjoy the arts.
It has a thriving shopping area which provides locals will all the amenities they need.
As well as hosting a range of independent and well known shops such as Sainsburys, Boots and wh Smith, a number of banks, hairdressers and cafes are also located there.
Lovers of golf will appreciate the number of golf courses including the City of Newcastle Golf Club, High Gosforth Golf Course and Gosforth Golf Course.
1 hour of domestic support per week is included in the service charge at Kenton Lodge with additional services including care and support available at an extra charge.
However, this can be from as little as 15 minutes per session which can be increased or decreased to suit your needs. It is a condition of purchase that all residents must meet the age of 70 years.
Entrance Hall Front door with spy hole leads to the large entrance hall - the 24-hour emergency response pull cord system is situated in the hall.
From the hallway there is a door to a walk-in storage cupboard/airing cupboard.
Illuminated light switches, smoke detector, apartment security door entry system with intercom and emergency pull cord located in the hall. Doors lead to the bedrooms, living room and shower room.
Lounge Feature fire with fitted electric fire. Double opening doors to walk out balcony. TV and telephone points. Two ceiling lights. Fitted carpets, raised electric power sockets.
Partially double glazed doors lead onto a separate kitchen. Kitchen Fully fitted kitchen with tiled floor. Stainless steel sink with mono block lever tap and window above.
Built-in oven, ceramic hob with extractor hood and fitted integrated fridge, freezer and under pelmet lighting. Bedroom One Full height window with aspect across courtyard.
Ceiling lights, TV and phone point. Fitted mirror fronted wardrobes En-Suite Shower Room Fully tiled and fitted with suite comprising of level access shower.
WC, vanity unit with sink and mirror above.
Bedroom Two Spacious second bedroom with full height window with aspect over courtyard, ceiling lights, TV and phone points Shower Room Majority tiled and fitted with suite comprising of walk-in shower, WC, vanity unit with sink and mirror above.
Service Charge • Cleaning of communal windows • Water rates for communal areas and apartments • Electricity, heating, lighting and power to communal areas • 24-hour emergency call system • Upkeep of gardens and grounds • Repairs and maintenance to the interior and exterior communal areas • Contingency fund including internal and external redecoration of communal areas • Buildings insurance The service charge does not cover external costs such as your Council Tax, electricity or TV, but does include the cost of your House Manager, your water rates, the 24-hour emergency call system, the heating and maintenance of all communal areas, exterior property maintenance and gardening.
Find out more about service charges please contact your Property Consultant or House Manager.
Service charge £14,321.26 per annum (for financial year end 30/09/2026) Car Parking (Permit Scheme) Subject To Availabilit Parking is by allocated space subject to availability.
The fee is usually £250 per annum, but may vary by development. Permits are available on a first come, first served basis. Please check with the House Manager on site for availability.
Leasehold Lease term 999 from 1st Jan 2016 Ground rent: £510 per annum Ground rent review: 1st Jan 31 Additional Information & Services • Superfast Fibre Broadband available • Mains water and electricity • Electric room heating • Mains drainage
Value & comps
No previous sales on record.
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Archie refurb estimate: a Pro feature
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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.
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FAQ
About 47 Kenton Lodge, Kenton Road, Newcastle Upon Tyne
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