2-bedroom flat · NE3 1TF
Sold STCListed 264 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to bring to the market this spacious 2 bedroom top floor apartment.
The flat is situated in the sought after area of Gosforth, ideally located within walking distance to the Metro station, local Sainsburys, pubs and restaurants.
The apartment comprises of an entrance hallway, open plan living and kitchen area. The flat also offers two double bedrooms and one bathroom. The property also offers resident parking. EPC Grade B.
Leasehold; 125 years from January 2009.
Mains Electricity, Sewage and Water *Bradley Hall Ltd trading as Bradley Hall Chartered Surveyors for themselves and for the Vendors or lessors of this property whose agents they are given notice that; 1.
The particulars are set out as a general outline only for the guidance of intending purchasers or lessees and do not constitute nor constitute part of an offer or contract. 2.
All descriptions, dimensions, references to condition and necessary permission for use and occupation and their details are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them.
3.
No person in the employment of Bradley Hall Chartered Surveyors has any authority to make or give any presentation or warranty whatever in relation to this property of these particulars nor enter into any contract relating to the property on behalf of Bradley Hall Chartered Surveyors, nor any contract on behalf of the Vendor.
4. No responsibility can be accepted for any expenses incurred by intending purchasers or lessees in inspecting properties which have been sold, let or withdrawn.
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 7, Wrendale Court
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