2-bedroom flat · NE3 1PY
Sold STCListed 64 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideally located on Sandringham Road in South Gosforth, this well-presented lower Tyneside flat is perfectly positioned just a short walk from South Gosforth Metro Station and within easy reach of Gosforth High Street, offering a wide range of independent shops, cafés, restaurants and bars.
The accommodation comprises: entrance lobby leading to an entrance hall; spacious lounge/diner with fitted alcove storage; modern kitchen with fitted units, some integrated appliances, spot lighting and side door access to the rear yard; and a bathroom with three-piece suite.
There are two double bedrooms, with the main bedroom benefiting from a walk-in bay window and the second bedroom offering useful under-stairs storage.
Externally, the property boasts a generous private rear yard with walled boundaries and gated access to the rear service lane.
This property is ideally suited to professionals, couples or small families seeking a convenient and well-connected location.
Tenure: Leasehold 999 years from 1994 (967 years remaining) Ground Rent: £ per (6 months/ annum) - Review Period: TBC - Increase Amount: TBC Service Charge: £ per (6 months/ annum) - Review Period: TBC - Increase Amount: TBC Council Tax Band: EPC Rating: 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
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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 Sandringham Road, Newcastle Upon Tyne
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