2-bedroom flat · NE3 2DZ
No longer listedReduced £105 (−7.5%) on 8 SepListed 112 days · slow let
Opportunity summary
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About
Available from mid July and offered on a part furnished basis, is this well appointed two bedroom ground floor apartment, situated in a desirable leafy area of Gosforth at Greystoke Park.
The accommodation benefits from a secure garage.
The location is perfect for road links into central Newcastle, as well as the A1 north & south, along with local amenities including the supermarkets of Asda and Marks & Spencer.
Comprising: Communal entrance leading to the apartment at ground floor level | Entrance hallway with video entry camera and cloak cupboard, along with a walk in storage/linen cupboard | Bathroom with a separate shower cubicle, bath, wc & sink, as well as a heated towel rail | Bedroom two with built in wardrobe and this room could be utilised as a dressing room, small bedroom or an office | Bedroom one with a double bed, built in wardrobes and side tables | Spacious lounge/diner with Optiflame electric fire and lovely views over the well kept gardens | Kitchen/breakfast room with a range of lower and upper cabinets, built in dishwasher, induction hob, microwave & oven, as well as a freestanding fridge freezer and washer dryer | Externally, there is a single garage and communal well maintained gardens.
Offered part furnished | Services: GCH | Council Tax Band: E | EPC Rating: C | Damage Deposit : £1,615.00 | Holding fee : £323.08
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Greystoke Park, Newcastle Upon Tyne
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