2-bedroom flat · NE7 7LX
Sold STCListed 169 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This 2 bedroom first floor Tyneside Apartment is located close to South Gosforth and is ideal for first time buyers, couples and investors and an internal inspection is essential.
Accommodation comprises: Ground floor: Entrance hallway. First floor: Landing, sitting room/dining room, kitchen, bathroom/wc, principal bedroom, bedroom 2. Outside: Rear courtyard.
Situation: Benton Park Road is located close to South Gosforth & Longbenton Metro Stations offering direct access into the city centre as well as to Northumberland’s beautiful coastline with pretty seaside towns such as Whitley Bay & Tynemouth.
South Gosforth has good local amenities including shops, small supermarkets, bars & coffee shops. Further amenities can be found in Gosforth and Jesmond.
There is open space close by in Jesmond dene and the Freeman Hospital is close by.
Description: This first floor Tyneside apartment has 2 double bedrooms and a larger reception space that will have to be viewed to be appreciated.
Ideal for first time buyers, couples or investors the property is heated by gas central heating. The front door leads into the hallway with stairs to the first floor.
The landing then leads to both bedrooms and the sitting room/dining room. The principal bedroom is a generous double to the front elevation. Bedroom 2 is also a double to the front.
The sitting room/dining room runs the full width of the rear elevation with 2 windows making this a bright and airy space.
The kitchen is fitted with wall and base units and is also to the rear where their is a bathroom with white 3 piece suit and shower over the bath. Outside: To the rear is a courtyard. EPC Rating: C
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
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FAQ
About Benton Park Road, South Gosforth, NE7
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