1-bedroom property · NE3 4PE
For saleListed 262 days
Opportunity summary
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About
A LOVELY ONE BEDROOM, FIRST FLOOR, ASSISTED LIVING APARTMENT WITH ATTRACTIVE SOUTHERLY FACING BALCONY OVERLOOKING NEWCASTLES TOWN MOOR & NO ONWARD CHAIN!
This delightful first floor, one bedroom modern apartment, occupies a lovely southerly position within the new wing of the much sought after Kenton Lodge development, Gosforth.
The well-presented apartment benefits from a south facing terrace overlooking the well maintained communal gardens Kenton Lodge and Newcastle’s Town Moor.
The internal accommodation comprises: Communal entrance with secure entry phone system and stair and lift access to all floors | Private entrance at the first floor level | Hallway with Secure entry system from the main entrance door, and a large walk in storage cupboard | Sitting/dining room with French doors opening to the south facing balcony and a door to the kitchen | Fitted kitchen with a range of cream cabinets and integrated appliances: electric hob with extractor fan over, electric oven and fridge/freezer | Generous double bedroom with excellent natural light from the full height window overlooking the gardens, and a large walk-in wardrobe with shelving and hanging | Large wet room, with wc and basin.
Kenton Lodge, which was constructed by McCarthy & Stone back in 2016, provides luxury assisted living exclusively for the over 70's, allowing residents to live independently, whilst still including domestic assistance when needed and a flexible care package.
A unique aspect of life at Kenton Lodge is that you can become part of a community, offering social and cultural opportunities, and have access to a superb in-house restaurant serving very reasonably priced 3 course lunches daily.
The development incorporates the original period building with its grand staircase, ornate fireplaces and decorative ceilings with a number of communal areas, offering well-proportioned modern living.
There are impressive landscaped communal grounds, with attractive terraced seating areas and an abundance of mature trees for privacy.
The apartment itself is accessed via secure communal entrance, where there is a concierge desk, and from here there is a short walk to the new build apartments to the rear of the development.
Services: Mains electric, water and drainage | Tenure: Leasehold | Lease Remaining: 990 years | Ground Rent: £435 | Annual Service Charge: £9212.76 | Council Tax: Band D | Energy Performance Certificate: Rating B
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 Kenton Lodge, Kenton Road, Gosforth, Newcastle Upon Tyne
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