1-bedroom flat · NE3 1TB
To rentListed 13 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Pattinson Gosforth are pleased to welcome to the market this well-located ground floor studio flat in South Gosforth, Newcastle upon Tyne.
This unfurnished studio apartment offers a practical and low-maintenance living space, making it an ideal choice for a single occupant looking for a comfortable and affordable home in a convenient location.
The property comprises a well-proportioned open-plan living and sleeping area, providing a versatile space that can be arranged to suit your individual needs.
The kitchen is compact but well equipped, providing all the essentials required for day-to-day living while making good use of the available space.
There is also a separate bathroom, adding to the practicality of the accommodation.
The property benefits from gas central heating throughout and, being situated on the ground floor, offers easy access and convenience.
The accommodation is offered unfurnished, giving the successful tenant the opportunity to furnish and personalise the space to their own taste.
The location is a particular highlight, situated in the popular South Gosforth area and well placed for access to both Gosforth and Killingworth, as well as Newcastle city center and the surrounding areas.
A range of local shops, amenities and everyday conveniences can be found nearby, making this a convenient location for day-to-day living.
There are also good local transport links in the area, providing straightforward access towards Newcastle city center and surrounding towns and communities.
The property's position makes it a practical choice for commuters, with public transport options available close by and easy access to the wider road network.
The property is subject to Council Tax Band A and does not benefit from allocated parking or a private garden.
However, for those seeking a straightforward, easy-to-maintain home in a well-connected location, this studio offers a practical opportunity in a popular part of Newcastle upon Tyne.
Early viewing is highly recommended to appreciate the accommodation, location and convenience this property has to offer.
Tenant Referencing Criteria: Pattinson will undertake referencing checks on all applicants over the age of 18 wishing to move into a rental property.
As part of this process, we will undertake: - A credit check to ensure each applicant does not have any adverse credit such as CCJs (County Court Judgements).
- An affordability assessment to ensure applicant's income will sufficiently cover the rental payments.
- To pass the affordability check, each applicant's gross annual basic income (including benefits and pensions) must be at least 30 times the monthly rental amount (36 times for Ellinson properties).
Eg If the rent is 500 pcm, applicants would need to earn 15,000 as an annual pension or basic salary (excluding commission/bonus) before tax or other deductions were made.
- Each applicant's affordability is assessed individually against the criteria. - Self- will require an accountant's reference and should have accounts for a minimum of two years.
Net profit will be assessed against the affordability requirement of 30 times the monthly rental amount. - Employment checks to confirm your start date, salary and if your position is permanent.
- Homeownership checks (only if you are a homeowner) confirming your mortgage payments are up to date.
- A Landlord reference (if you are currently residing in rented accommodation) confirming you have abided by the terms of the lease.
This will check that the rent was paid on time and in full, there was no antisocial behaviour and the property was looked after in an appropriate manner. - Right to rent' id checks.
If you do not meet the requirement, you will require A homeowner guarantor. Council Tax Band: A Deposit: 650.00
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 19 Flat A, Killingworth Road, Newcastle upon Tyne
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