2-bedroom terraced house · NE3 4PH
Sold STCListed 299 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern & Fully Renovated Two Bedroom Home with Lounge, Refitted Kitchen/Diner, Family Bathroom & Ensuite Shower Room and Substantial Rear Garden!
This lovely two bedroom terraced house, is ideally located at The Firs, Gosforth.
The Firs, which is located just off from Salters Road, is perfectly placed to provide easy access into central Gosforth with its shops, cafes and amenities whilst also being close to the shops and amenities of Ashburton Village, outstanding local schooling and excellent transport links into Newcastle City Centre.
The internal accommodation comprises: Entrance porch | Spacious lounge with electric fireplace and glazed French doors onto the gardens | Tastefully refitted kitchen boasting a range of modern cabinetry/worktops and integrated appliances throughout | Two double bedrooms to the first floor, with the principal offering a contemporary refitted ensuite shower room/wc | Family bathroom with modern three piece suite.
Externally, the property benefits from one allocated parking bay, as well as ample visitor parking | Storage cupboard | To the rear is a substantial garden with uninterrupted southerly aspect.
The property has been extensively renovated and benefits from brand new double glazed windows, new electrics and heating system. Early viewings are strongly encouraged!
Mains: Gas, electricity, water & drainage | Tenure: Freehold | Council Tax: Band C | EPC: Rating C
Value & comps
No previous sales on record.
Returns
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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 The Firs, Gosforth, Newcastle Upon Tyne
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