2-bedroom flat · NE3 2HJ
Sold STCListed 35 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well-proportioned two-bedroom home occupying a desirable position in Gosforth, with a practical layout and good levels of natural light throughout.
The property offers two well-sized bedrooms, a comfortable lounge/diner with a feature fireplace and a kitchen with direct access to the rear garden.
The private rear garden provides a generous outdoor space, with a predominantly lawned layout and established timber fencing, while the enclosed front approach adds further greenery and privacy.
Situated on Park Avenue in the popular Gosforth area of Newcastle upon Tyne, the property is well placed for Gosforth High Street and its wide range of shops, cafés, restaurants and everyday amenities.
The area is also well served by local schools, bus and Metro links, with excellent access into Newcastle city centre and nearby green spaces, including Gosforth Central Park and the Town Moor.
The internal accommodation comprises: a welcoming entrance hall leading to a front-facing bedroom and an inviting lounge/diner with a feature fireplace.
A second bedroom with built-in storage overlooks the rear garden, while a well-appointed family bathroom provides a bath with overhead shower, WC and wash hand basin.
To the rear, the kitchen is fitted with a range of wall and base units, with space for appliances, a garden-facing window and direct access to the rear garden, alongside useful additional storage.
Externally, the property benefits from an enclosed front walkway surrounded by established shrubbery.
To the rear is a private garden enclosed by timber fencing and laid mainly to lawn, providing a good amount of natural light and an excellent setting for everyday family life and entertaining.
On The Ground Floor - Entrance Hall - Bedroom - 3.43m x 3.23m (11'3" x 10'7") - Measurements taken from the widest points.
Living Room - 4.55m x 3.51m (14'11" x 11'6") - Measurements taken from the widest points. Bedroom - 3.38m x 2.89m (11'1" x 9'6") - Measurements taken from the widest points.
Bathroom - 2.35m x 1.83m (7'9" x 6'0") - Measurements taken from the widest points. Store - Kitchen - 2.35m x 3.04m (7'9" x 10'0") - Measurements taken from the widest points. Store - Disclaimer.
- The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
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 Park Avenue, Gosforth, NE3
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