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See how verdicts work3-bedroom terraced house · NE10 0RA
Listing removedListed 48 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented and deceptively spacious three/four bedroom mid-terraced house, offering an impressive and versatile arrangement of living accommodation set over two floors.
Tastefully appointed, this super family home successfully combines attractive period-style features with modern conveniences, creating a property that is both charming and practical.
Ideally suited to a wide range of buyers, the accommodation offers flexibility to adapt to individual requirements, with the additional ground floor reception room providing the option of a family room, playroom, home office or, if desired, a fourth bedroom.
The property is entered via a welcoming entrance hallway, which provides access to the principal ground floor rooms.
To the front of the property is the lovely front-facing lounge, a particularly charming reception room which retains a number of attractive features.
The room benefits from decorative coving to the ceiling, together with a central ceiling rose, while the chimney breast provides an attractive focal point.
A charming recess to the chimney breast houses a log burner-style stove, creating a cosy and inviting atmosphere and making this an ideal space in which to relax and unwind.
From the lounge, there is open access into the dining area, creating a pleasant sense of flow and space.
The dining area continues the characterful feel of the property, featuring a central ceiling rose and a useful recess to the chimney breast, currently providing an ideal area for display.
This generous space should comfortably accommodate a dining table and chairs, making it perfect for both everyday family meals and entertaining.
Also located on the ground floor is a second reception room, offering excellent versatility and providing a multitude of potential uses.
Depending upon the purchaser's requirements, this room could be utilised as a family room, children's playroom, home office or hobby room.
Alternatively, it could provide a useful fourth bedroom, making the property particularly appealing to those seeking flexible accommodation for guests, an older relative or those requiring ground floor sleeping facilities.
The current owners utilise this room as an entertainment room and it incorporates a retractable cinema screen.
The kitchen has been fitted with a stylish range of modern wall and base units, complemented by work surfaces and incorporating a host of built-in cooking appliances.
The layout provides a practical and attractive workspace for those who enjoy cooking, whilst offering useful storage and preparation areas.
A particularly useful utility room adds further practicality to the home.
This room provides additional storage and appliance space, with provision for an American-style fridge/freezer together with additional under-counter appliances.
The utility room also incorporates a built-in coffee machine, adding a particularly convenient and stylish touch to this well-equipped home.
To the first floor, the property continues to impress, with the landing providing access to three bedrooms and the bathroom facilities.
The main bedroom is a generous and attractive room with the added benefit of access to a versatile dressing room/nursery.
This additional room provides excellent flexibility and could be utilised as a dressing area, nursery, home office or additional storage space, depending upon individual needs.
The dressing room/nursery in turn provides access to the property's en-suite shower room.
The en-suite has been stylishly appointed and is equipped with a corner shower enclosure featuring a multi-jet-style shower over, together with a WC and hand wash basin set within a vanity unit.
The contemporary finish provides a practical and attractive private facility for the principal bedroom.
The remaining bedrooms, one of which being a spacious double bedroom and the other a single bedroom, currently utilised as a home office, are served by the spacious family bathroom, which has been luxuriously appointed to provide a relaxing and stylish space.
The bathroom is equipped with a beautiful free-standing bath, a hand wash basin set within a floating vanity unit and a WC.
The combination of contemporary fittings and generous proportions creates a superb bathroom which is both practical and visually appealing.
Externally, the property further benefits from the usual convenience associated with this established residential setting, whilst its position provides excellent access to a wide range of local shops, amenities and everyday facilities.
The property is also ideally placed for access to excellent transport links, including local bus services and the nearby Metro station, providing convenient commuter access towards Newcastle City Centre and surrounding areas.
This makes the property particularly well positioned for those who need to travel for work, education or leisure. Overall, this is an outstanding and versatile family home.
The combination of three bedrooms, an additional reception room capable of serving as a fourth bedroom, en-suite facilities, dressing room/nursery, modern kitchen, useful utility room and stylish family bathroom makes this a property which needs to be viewed to be fully appreciated.
Offered for sale with no onward chain, an early internal inspection is strongly recommended. A must-see property.
EPC Rating: E Lounge (4.17m x 4.14m) Dining Area (4.40m x 3.95m) Kitchen (3.06m x 2.30m) Utility (2.03m x 1.76m) Bedroom/Reception Room (3.32m x 2.32m) Bedroom One (4.52m x 3.97m) Dressing Room (2.92m x 2.31m) En-Suite (2.04m x 1.76m) Bedroom Two (4.26m x 3.95m) Bedroom Three (2.93m x 2.34m) Bathroom (3.31m x 2.35m) Agents Notes We are currently awaiting clarification regarding the building regulations for the conversion of a bedroom to a bathroom on the first floor.
Any prospective purchasers must obtain confirmation of the requirements before proceeding with a purchase.
Property Information Local Authority: Gateshead Flood Risk: This property is listed as currently having a very low risk of flooding although we have not seen any legal written confirmation to be able to confirm this.
Please contact the branch if you have any queries in relation to the flood risk before proceeding to purchase the property.
TV and Broadband: BT, Sky – Basic, Superfast, Ultrafast Mobile Network Coverage: EE, Vodafone, Three, O2 in the area Please note, we have not seen any documentary evidence to be able to confirm the above information and recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property.
Recording Devices Please be aware that some properties may be equipped with CCTV, video doorbells, or other recording devices (including internal audio/video surveillance) for security purposes.
While viewings are conducted in private homes, we ask that all attendees respect that the property owner may choose to monitor or record access to their home.
If you have any concerns regarding this, please speak to a member of our team prior to your appointment.
We have advised all vendors that any recording during viewings should be disclosed and used strictly for personal purposes only, in accordance with data protection and privacy laws.
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.
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FAQ
About 2-3 Gosforth Terrace, Gateshead
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