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See how verdicts work2-bedroom flat · NE3 1HS
Sold STCListed 30 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A super stylish Victorian maisonette located within this attractive residential crescent on the fringe of central Gosforth.
The property has undergone substantial renovation by the current owners and now offers a range of quality fixtures and fittings throughout.
It also retains much of its original character, including ornate ceiling plasterwork and period fireplaces.
Additional features include a westerly-facing sun terrace and a generous private garden to the front.
The property is perfectly positioned for access to the Regent Centre Interchange, as well as the abundance of restaurants, coffee shops, shopping facilities and amenities available on Gosforth High Street.
The internal accommodation comprises an entrance hallway on the ground floor, with a staircase leading to the first-floor landing.
There is an impressive full-width lounge/diner featuring a period fireplace and ornate ceiling plasterwork.
The quality fitted kitchen includes integrated appliances and provides access to the rear terrace. Also on this floor is a bedroom with a cast-iron fireplace.
Stairs lead to the second floor, where there is a further bedroom, again benefitting from a cast-iron fireplace.
There is also a beautifully appointed four-piece bathroom suite featuring a freestanding roll-top bath and separate shower.
Externally, to the front of the property is a generous private gravelled garden, whilst to the rear there is an elevated sun terrace with a spiral staircase leading down to a ground-floor yard, which benefits from a right of access onto the rear lane.
Further benefits include gas-fired central heating via a combination boiler and double glazing throughout.
Tenure: Leasehold 999 years from 1992 (965 years remaining) Ground Rent: Peppercorn Service Charge: N/A Council Tax Band: A EPC Rating: D Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Mains Gas Broadband: Fibre Mobile Signal Coverage Blackspot: No Parking: On Street Mining The North East region is famous for its rich mining heritage.
We have been advised that the property is known to be at risk from mining activities in the locality, therefore please speak with your conveyancer for further information.
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. Restrictions and rights Public rights of way through the property?
Yes: Downstairs have access to their property via front garden. Risks Risk of Flooding: Zone 2 Accessibility This property has accessibility adaptations: • Level access
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
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FAQ
About 6, Lansdowne Crescent, Newcastle Upon Tyne
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