3-bedroom terraced house · NE3 3BZ
For saleListed 20 days
Opportunity summary
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About
This excellent, stone built mid terrace is ideally located within this landmark Victorian hospital development.
Designed by the architect, WL Moffat, Lanesborough Court was originally constructed in 1869 and is Grade II Listed.
The original building was sympathetically converted by Yuill Homes during the turn of the last millennium and offers one of the most desirable gated developments within the city.
St Nicholas Hospital Conservation Area offers a tranquil setting and provides excellent access to everything central Gosforth has to offer such as its countless shops, cafes and restaurants.
Boasting close to 1,000 sq ft, the internal accommodation comprises : Lobby | Private entrance hall with ground floor guest WC and return staircase to the first floor | Full width living room with views over the gardens and door leading to the private terrace and communal gardens | Kitchen/breakfast room with integrated appliances | The stairs then lead to the first floor and on to three bedrooms and a family bathroom | Bedroom one with en-suite shower room Externally, the development is accessed via secure electronic entrance gates with secure entry-phone system.
The property itself is situated within a secluded courtyard which offers access to a covered parking space with second allocated space to the front.
The property also benefits from a secure store area which would be perfect for storing bicycles and further equipment.
The delightful and extensive lawned communal gardens really are one of the main features of Lanesborough Court and this property offers direct access from the lounge and enjoys the benefits of gravelled walkways and south facing seating areas.
Well presented throughout, with tall ceilings, gas ‘Combi’ central heating, this great home simply demands an early inspection.
Services: Mains electric, gas, water and drainage | Tenure: Leasehold | Lease Remaining: 900 Years | Charges: £2655.60 per annum including ground rent | Council Tax: Band D
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Lanesborough Court, Gosforth, Newcastle upon Tyne
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