2-bedroom terraced house · NE3 1DS
Sold STCListed 34 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
With no onward chain, this charming Victorian mid-terrace terrace is ideally located on the pedestrianised walk-way of Laurel Walk, Gosforth.
Close to excellent local schools, Laurel Walk is perfectly placed within striking distance of Gosforth High Street, with its local shops, restaurants and cafés and is also a short walk to Regent Centre Metro and Bus station for easy access into Newcastle City Centre and beyond.
The accommodation briefly comprises: entrance lobby through to entrance hall stairs to first floor; lounge with dual windows, stripped wood flooring and feature fireplace; dining room with feature wood burning stove and fitted alcove storage; kitchen with a range of fitted units, work surfaces and side door access to the yard.
The first floor landing with storage cupboard gives access to; two double bedrooms, bedroom one measuring the full-width of the property, with dual windows and feature fireplace and bedroom two with feature fireplace; bathroom complete with three piece suite.
Externally, a pretty, south facing front garden laid mainly to lawn with a paved pathway, seating area and hedge boundaries.
To the rear, an enclosed yard with wall boundaries and gated access to the rear service lane. Early viewings are essential.
Charming Mid-Terrace | 831 Sq ft (77.2m2) | Two Double Bedrooms | Lounge | Dining Room | Kitchen | Bathroom | South Facing Front Garden | Rear Yard | GCH | Great Location | Pedestrianised Street | Freehold | Council Tax Band D | 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 Laurel Walk, Gosforth, Newcastle upon Tyne
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