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See how verdicts work3-bedroom terraced house · NE3 1DJ
Sold STCListed 37 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Priced to reflect full refurbishment, a rare opportunity to purchase this double fronted terrace home on Salters Road, Gosforth.
Close to the High Street, Salters Road, is conveniently situated just a short stroll to the shops, cafes and restaurants as well as excellent transport links into the City and beyond.
Boasting over 2,100 Sq ft, the accommodation briefly comprises: sitting room; dining room; kitchen diner; utility room.
The split level first floor landing gives access to; three double bedrooms and a bathroom. The second floor landing gives access to a generous loft room (light storage only).
Externally, mature wrap around gardens laid mainly to lawn with a mixture of mature planting and to the rear an yard and external store. With no onward chain, early viewings are essential.
Double Fronted Terrace | Priced Reflecting Full Refurbishment | 2,126 Sq ft (197.5m2) | Sitting Room | Dining Room | Kitchen Diner | Utility Room | Bathroom | Loft Room | Wrap Around Gardens | External Store Room | No Onward Chain | Freehold | Council Tax Band | EPC: Rating F
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 Salters Road, Gosforth, Newcastle upon Tyne
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