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See how verdicts work2-bedroom flat · NE7 7LW
For saleReduced £25k (−11.4%) on 25 OctListed 375 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautifully Presented Purpose Built Apartment Boasting Two Bedrooms, Two Bathrooms, Kitchen, Generous Sitting/Dining Room & Terrace!
Cloister Garth is a real hidden gem within South Gosforth, positioned in stunning mature gardens with stone walled boundary and communal lawned areas.
Offering ease of access to the local Metro station and Freeman Hospital, this apartment is ideally suited to young professionals and downsizers alike.
The internal accommodation comprises: Secure communal entrance at first floor level with stair and lift access to all floors | Private entrance to the ground floor | Entrance hallway with store cupboard | Principal bedroom enjoying a generous double with access onto an ensuite shower room WC | Bedroom two | Family bathroom with modern refitted three piece suite | Kitchen | Generous sitting/dining room enjoying dual aspect views and feature fireplace | Glazed sliding door out onto a terrace, ideal for entertaining in the warmer months.
Externally, the property enjoys the use of the communal gardens as well as one allocated parking bay & ample on site parking.
Presented to an immaculate standard throughout, early viewings are strongly encouraged.
Services: Mains electric, water and drainage | Tenure: Leasehold | Lease Term Remaining: 91 Years | Service Charge: £3180 Per Annum | Council Tax Band: C | Energy Performance; Rating C
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
FAQ
About Bamburgh Court, Cloister Garth, South Gosforth, Newcastle Upon Tyne
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