3-bedroom flat · NE3 4YB
Listing removedListed 300 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
With lift access, a garage and no onward chain! This three bedroom second floor apartment is ideally located in Brookfield, off Westfield, Gosforth.
Within Gosforth Conservation Area, Westfield is well located close to the shopping and amenities of Gosforth High Street.
Boasting over 1,300 Sq ft, the accommodation briefly comprises: communal entrance hall with stairs and lift access to second floor; private entrance hallway with storage cupboard; 28ft lounge diner with west facing window and balcony access; kitchen with fitted units, work surfaces, tiled flooring and spot lighting; bathroom complete with three piece suite, sky light and spot lighting; three bedrooms, bedroom one with en-suite facilities.
With a private garage and well manicured communal gardens, early viewings are advised to avoid disappointment.
Second Floor Apartment | 1,301 Sq ft (120.9m2) | Three Bedrooms | 28ft Lounge | Balcony | Kitchen | Bathroom & En-Suite | Garage | Communal Gardens | Lift Access | No Onward Chain | Leasehold - 146 Years Remaining | Service Charge £3,000 Per Annum | Ground Rent £1 Per Annum | Council Tax Band E | EPC: D EPC: D
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
Agent & docs
FAQ
About Brookfield, Westfield, Gosforth, Newcastle upon Tyne, Tyne & Wear
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