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See how verdicts work2-bedroom flat · NE3 2NZ
Sold STCListed 242 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
12 Broadway Court is ideally positioned on the ground floor and offers generously proportioned accommodation.
The west facing aspect allows for wonderful natural light, particularly in the afternoon and evening. The entrance hallway is spacious and inviting, leading through to the kitchen and living area.
The kitchen is both modern and thoughtfully designed, featuring a Neff oven, Smeg hob and elegant quartz worktops.
There is also an integrated fridge/freezer and a west facing window that fills the space with natural light.
The living room is a particularly attractive feature of the property, a bright spacious room with door opening onto a private patio area.
The principal bedroom is impressive in size and storage, with a walk in wardrobe complete with fitted cupboards and space for a dressing table.
The newly fitted bathroom has been finished to a high standard, featuring a walk in shower, Karndean flooring and a Japanese toilet.
The second bedroom is another generous double with built in wardrobes and enjoys pleasant views towards the Golf Club.
Broadway Court is a well regarded sheltered accommodation managed by FirstPort, offering residents both independence and peace of mind.
The apartment benefits from a pull-cord assistance system linked to Apello, as well as the support of an on-site building manager Monday to Friday.
The development also provides a communal lounge and laundry room, creating a welcoming and practical environment for residents.
Services | Mains: Electricity, Water, Drainage | Tenure: Leasehold | Lease Term Remaining:100 Years | Service Charge: £4,836 Per Annum | Ground Rent: £453.57 Per Annum | Council Tax: Band C | Energy Performance Certificate: Rating C
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 12, Broadway Court, Highbridge, Gosforth, Newcastle Upon Tyne
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