1-bedroom flat · NE3 2NR
To rentListed 4 days
Opportunity summary
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About
Well presented and recently redecorated one bedroom first floor flat in the quiet cul-de-sac of Budle Close, Gosforth, Available Now.
Key features • One Bedroom • Unfurnished • Popular Location • Recently Renovated • Available Now Internally the property is deceptively spacious and had an abundance of storage briefly comprising:- Own entrance with internal store cupboard, landing again with large store cupboard, three piece bathroom with shower over the bath, double bedroom, bright lounge with large south facing window and feature fireplace as well as a fitted kitchen with integrated oven and hob.
Externally there is an external store cupboard, well maintained gardens that the residents make good use of and a courtyard that provides ample parking.
The location benefits from a wealth of local amenities including well regarded schools, shops and supermarkets all within walking distance as well as bars, cafes and restaurants on Gosforth high street being only a short distance away with further amenities easily accessed in Newcastle and further afield via the nearby Wansbeck Road Metro Station, regular bus routes and the A1 Motorway.
Measurements Lounge - 3.95m x 3.96m Kitchen - 2.42m 2.14m Bedroom - 3.97m x 3.08m Bathroom - 1.45m x 2.12m It will be down to the prospective new tenant to source their own media and energy providers.
Holding Deposit: £115.00
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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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 Budle Close, Gosforth, Newcastle Upon Tyne
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