2-bedroom flat · NE3 1YG
Sold STCListed 36 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
3 Akeld Court is an attractive two bedroom ground floor purpose built apartment, situated within this residential development in South Gosforth.
Presented to a good standard throughout, the property has recently benefited from redecoration and newly laid flooring, creating a fresh and welcoming home.
South Gosforth is ideally positioned for access to a wide range of local amenities, with excellent transport links providing convenient access into Newcastle City Centre and surrounding areas.
The property is also well placed for the shops, cafés and everyday amenities available nearby.
The internal accommodation comprises: Secure communal entrance | Private entrance at ground floor level | Entrance hallway | Substantial living room | Kitchen fitted with a range of wall and base units with some integrated appliances | Two generous double bedrooms, both benefiting from fitted storage | Well appointed bathroom with three piece suite.
Externally, the property benefits from ample parking | One allocated garage providing valuable additional parking and storage. Presented to an excellent standard, early viewings are highly encouraged.
Services| Mains: Electricity, Water, Drainage | Tenure: Leasehold | Lase Term Remaining: 112 Years | Service Charge: £1,400 Per Annum | Ground Rent: £115 Per Annum | Council Tax: Band A | Energy Performance Certificate: Rating TBC
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 3, Akeld Court, South Gosforth, Newcastle Upon Tyne
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