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See how verdicts work1-bedroom flat · NE3 2AU
Sold STCListed 271 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Video Tour on our YouTube Channel | ** Located within the popular Belsay Gardens development at Red House Farm, this modern one-bedroom ground floor apartment offers comfortable, low-maintenance living in a highly popular residential setting.
The property is offered with no upper chain, making it an ideal purchase for first-time buyers, downsizers, or investors alike.
The property is set within well-maintained communal gardens, creating an attractive and peaceful environment, while still being conveniently placed for everyday amenities.
Red House Farm is a well-established and desirable area of Gosforth, known for its green surroundings, friendly community feel and excellent access to local shops, supermarkets, cafés, and leisure facilities.
Nearby Gosforth High Street provides a wide range of independent retailers, restaurants, and services, all within easy reach.
The apartment is accessed via a private entrance which opens into a bright, open-plan lounge and modern kitchen, fitted with stylish contemporary units and complemented by an attractive large window to the front that floods the space with natural light.
The accommodation further comprises a well-proportioned double bedroom with fitted sliding wardrobes and a modern shower room with WC.
Additional benefits include an electric combi boiler system, double glazing and there is a private garage in a separate block.
We are advised by the vendor that the property has undergone comprehensive modernisation since purchasing the property, with upgrades including the kitchen, bathroom, and flooring.
Early viewing is highly recommended. For more information and to book your viewing please call our Gosforth office on . Tenure The agent understands the property to be leasehold.
However, this should be confirmed with a licenced legal representative. Council Tax band: A Open Plan Lounge Kitchen - 5.79 x 2.76 (18'11" x 9'0") - Bedroom - 2.22 x 3.69 (7'3" x 12'1") -
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Belsay Gardens, Newcastle Upon Tyne
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