2-bedroom terraced house · NE3 3XL
Listing removedListed 102 days · slow let
Opportunity summary
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About
MAIN DESCRIPTION We are pleased to offer to the rental market this pleasant two bedroom terraced house which has a pedestrian frontage.
The accommodation is warmed via gas central heating and also benefits from double glazing throughout.
The internal layout briefly comprises entrance hallway with stairs rising up to the first floor landing, living room with bay window to the front elevation, fitted kitchen with external door leading into the rear yard.
The bathroom completes the downstairs accommodation. The first floor landing allows access into both bedroom also a WC.
Externally the house has a low maintenance gravelled front garden and a private rear yard with outhouse and gated access to the service lane.
This is a very popular location for couples and growing families alike with good local schools, shops and other amenities close by. The area also has good road links and public transport routes.
ENTRANCE HALLWAY 3' 10" x 3' 7" (1.188m x 1.116m) The property is accessed via a partially glazed UPVC front door which opens into the entrance hall with stairs leading up to the first floor.
LIVING ROOM 13' 11" x 12' 0" (4.252m x 3.661m) A double glazed bay window overlooks the front elevation.
The room has a fireplace and hearth with coal effect gas fire, double central heating radiator, wall lights, blinds and polished floor boards.
KITCHEN 12' 1" x 10' 4" (3.684m x 3.174m) The kitchen is fitted with beech effect wall and base units with contrasting work surfaces.
Stainless steel sink and drainer unit, wall mounted combi boiler and recently fitted integrated oven, hob and extractor.
The room has a double central heating radiator, partially tiled walls and wood flooring. A double glazed window and external door to the rear elevation.
BATHROOM 6' 11" x 4' 6" (2.130m x 1.379m) Comprising white panelled bath with overhead shower and glass shower screen also a vanity unit with hand basin and storage.
Chrome towel warmer, PVC ceiling, fully tiled walls and floor. A double glazed window with privacy glass to the rear elevation.
FIRST FLOOR LANDING 15' 2" x 9' 6" (4.638m x 2.919m) Fitted carpet to the stairs and landing. Central heating radiator, loft access, built in cupboard and doors into both bedrooms and WC.
BEDROOM ONE 15' 2" x 9' 6" (4.638m x 2.919m) A double glazed window with fitted blinds overlooks the front elevation.
The bedroom is fitted with sliding door fitted wardrobes and is warmed via a central heating radiator. Benefiting from polished floor boards.
BEDROOM TWO 12' 2" x 9' 10" (3.717m x 3.002m) This bedroom also boast polished floor boards.
A double glazed window with fitted blinds offers views over the rear elevation and the room has a central heating radiator. WC 3' 4" x 2' 7" (1.034m x 0.811m) Comprising low level WC.
Double glazed window with privacy glass. EXTERNALLY Externally the house has a low maintenance gravelled front garden and a private rear yard with outhouse and gated access to the service lane.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 George Street, Gosforth, Newcastle Upon Tyne
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