2-bedroom flat · NE3 4XJ
Sold STCListed 120 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two-bedroom first floor flat is situated on the highly sought-after Salters Road in Gosforth and is offered for sale with the benefit of no upper chain, making it an attractive opportunity for first-time buyers, downsizers, and investors alike.
The property enjoys a convenient position close to a wide range of local amenities, including cafés, bars, restaurants, and shops along Gosforth High Street, while Newcastle City Centre is also within easy reach, providing further retail, leisure, and transport options.
Access is via a private entrance lobby with stairs leading to the first-floor landing.
Internally, the accommodation comprises a comfortable lounge with alcove space, a modern fitted kitchen with integrated oven and hob, and a spacious four-piece bathroom which includes a separate shower cubicle.
There is also a rear lobby providing additional access and practicality.
The property offers two well-proportioned bedrooms, with the main bedroom benefiting from fitted wardrobes and an attractive bay window that allows for plenty of natural light.
Additional features include gas central heating and double glazing throughout, contributing to energy efficiency and comfort.
Externally, there is a yard to the rear of the property, offering useful outdoor space.
This home presents a well-balanced combination of space, location, and convenience, and viewing is strongly recommended to fully appreciate what is on offer.
For more information and to book your viewing please call our sales team on . Tenure The agent understands the property to be leasehold.
However, this should be confirmed with a licenced legal representative.
Council Tax Band: B Lounge - 4.87 x 3.81 (15'11" x 12'5") - Kitchen - 2.48 x 3.34 (8'1" x 10'11") - Bedroom One - 4.10 x 3.43 (13'5" x 11'3") - Bedroom Two - 2.51 x 2.83 (8'2" x 9'3") -
Value & comps
No previous sales on record.
Returns
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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
FAQ
About Salters Road, Newcastle Upon Tyne
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