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See how verdicts work1-bedroom flat · NE3 2NZ
No longer listedListed 93 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom apartment located on the first floor Broadway Court was constructed by McCarthy & Stone (Developments) Ltd and comprises 55 retirement apartments arranged over 3 floors served by a lift.
There is a Development Manager who may be contacted from various points within each property in the case of an emergency.
For periods when the Development Manager is off duty the development is covered by the Appello call system to ensure that help is at hand 24 hours a day, 365 days a year.
Each property comprises an entrance hall, lounge, kitchen, one or two bedrooms and bathroom.
Broadway Court is located within close proximity to a doctors surgery, a dental practice and the local golf club.
It is a condition of purchase that residents be over the age of 60 years, or in the event of a couple, one must be over the age of 60 years and the other over 55 years.
Please speak to our Property Consultant if you require information regarding “Event Fees” that may apply to this property.
Accomodation Front door with security spy hold leads to the Entrance Hall Power point. Ceiling light point. Security door entry system/emergency intercom. Intruder alarm.
Airing cupboard housing with recently fitted insulated hot water cylinder with fitted electric immersion heaters, shelving, electric meters and space for storage.
Living Room Electric night storage/convector heater. Power points. TV aerial point. Telephone point. Recently fitted with Sky Fibre optic. Ceiling light points. Emergency pull cord.
Recently fitted electric fire with original surround. Recently fitted with Blind and Modern Light Fittings. With views overlooking the Golf Course and Car Park.
Kitchen - With Window Recently Redcorated and new Flooring. Tiled and fitted with a range of wall and floor units, work tops, stainless steel sink unit with single drainer. Cooker.
Space for Refrigerator and freezer. Microwave. Power points. Light point. Wall mounted electric heater. Emergency pull cord.
Fitted with Blinds and Modern Light Fittings Bedroom Built-in wardrobe with hanging rail and shelving over. Additional wardrobe. Electric night storage heater. Power points. Emergency pull cord.
Ceiling light points. Recently fitted with Blinds and Modern Light Fittings.
Views overlooking the Car Park and Golf Course Shower Room Tiled and recently fitted with suite comprising walk in shower cubicle with shower fitting and emergency push button; WC with low level flush; vanity unit with fitted wash hand basin.
Wall mounted heated radiator and heated towel rail. Mirror with light above and seperate wall mounted mirrored cupboard. Recently fitted with Modern Light Fittings. Extractor fan.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 21, Broadway Court, Gosforth
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