2-bedroom semi-detached house · NE3 1SH
For saleListed 10 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A traditional two-bedroom semi-detached house situated on this popular residential street in South Gosforth.
The property is ideally positioned for easy access to South Gosforth Metro Station, The Freeman Hospital and Jesmond Dene.
The home benefits from two double bedrooms, a lovely private rear garden, driveway, attached garage, double glazing and gas-fired central heating.
The accommodation briefly comprises an entrance hallway with staircase to the first floor, a bright sitting room to the front featuring a bay window and attractive fireplace, and a dining kitchen fitted with a range of wall and base units.
To the first floor there are two double bedrooms, a family bathroom and a separate WC. Externally, the property boasts a well-stocked private garden to the rear.
To the front, a driveway provides off-street parking and leads to the attached garage. This is an excellent opportunity to acquire a well-located home in a highly sought-after area of South Gosforth.
Tenure: Freehold Council Tax Band: B EPC Rating: D Building Insurance: £413.00 per annum - Review Period: 29/08/27 - Increase Amount: Tbc Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Mains Gas Broadband: Tbc Mobile Signal Coverage Blackspot: No Parking: Driveway & Garage Mining The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.
Confirmation should be sought from a conveyancer as to its effect on the property, if any.
Agents note Please note that the aml fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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
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FAQ
About Ridgewood Villas, Newcastle Upon Tyne
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