3-bedroom flat · NE3 1NN
Listing removedListed 101 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SPACIOUS AND EXTREMELY WELL PRESENTED THROUGHOUT, A THREE BEDROOM MAISONETTE WITH PARKING. Available End Of July 2026 on an unfurnished basis.
Situated in the highly desirable Ferndene Court, Gosforth, which is ideally located for easy access to all the amenities that Gosforth High Street has to offer as well as excellent road links and public transport links.
The property briefly comprises:- entrance hallway with access to ground floor bedroom/study, stairs to first floor with access to a well fitted kitchen, large living room with plenty of natural light, two further double bedrooms and a shower room/w.c.
Externally there is off street private parking for two vehicles, and direct access to a communal garden.
The property benefits from gas fired central heating and plentiful storage (there are numerous storage cupboards).
This needs to be viewed at your earliest convenience to appreciate the standard of accommodation on offer.
ENTRANCE HALL Carpeted flooring, radiator, two storage cupboards (one housing the combi boiler), UPVC front and rear door leading to the external parking area and communal garden, door to ground floor bedroom.
BEDROOM THREE 2.82m (9'3) x 2.54m (8'4) Ground floor - Carpeted flooring, UPVC window and radiator.
LANDING Stairs to first floor landing, carpeted flooring, UPVC window, radiator, two storage cupboards, door to kitchen and lounge.
LOUNGE 4.29m (14'1) x 6.65m (21'10) UPVC window and UPVC floor to ceiling window, two radiators, uplighters to the walls, carpeted flooring, door to the rear landing.
KITCHEN 2.18m (7'2) x 3.78m (12'5) Range of wall and base units with roll top work surface, stainless Steele sink and drainer, electric oven and hob, extractor hood.
Integral microwave, dishwasher, space for fridge freezer, plumbing for washing machine, part titled walls, vinyl floor, radiator, UPVC window.
REAR LANDING Carpeted flooring, two storage cupboards and access to the first and second bedroom, door to bathroom.
BEDROOM ONE 3.3m (10'10) x 3.32m (10'11) Front double - Carpeted flooring, UPVC window, radiator and fitted wardrobes.
BEDROOM TWO 3.13m (10'3) x 2.36m (7'9) Rear double - Carpeted flooring, UPVC window, radiator and fitted wardrobes.
SHOWER ROOM 1.97m (6'6) x 1.95m (6'5) UPVC window, vinyl floor, tiled walls, radiator, low level w.c., pedestal wash basin, bade and shower cubical.
EXTERNALLY Communal gardens to the front and rear, the communal garden to the rear has access directly into the property. Off multiple space for off street parking.
Affordability In order to rent one of our properties, you will need to demonstrate that you can afford the rental payments.
The test that we apply is normally that you must have a total monthly income amounting to 2.5 times the monthly rent or a total annual income of 30 times the monthly rent.
For example, if the rent is £1,000 PCM, then you will need a monthly income of £2,500 or an annual income of £30,000.
You should also advise us if you have any adverse credit history, as this could affect the results of the referencing checks carried out on all prospective tenants.
Application To proceed to rent one of our properties, you will have to complete our simple online application forms and upload some ID information.
You will then receive a Holding Deposit Agreement and pay a Holding Deposit of one weeks' rent within our online portal.
The holding deposit will be used as part of the first rent payment upon signing the tenancy agreement.
The Holding Deposit Agreement will give you details of the circumstances that could lead to your holding deposit becoming non-refundable, as per the terms of the Tenant Fees Act 2019.
Material Information Whilst every care has been taken to prepare these particulars, they are for guidance purposes only.
All measurements are approximate and are for general guidance purposes and they should not be relied upon. Potential tenants are advised to recheck the measurements.
Broadband & Mobile Coverage The Ofcom website states the average broadband download speed of 21 Mbps and a maximum download speed of 10000 Mbps at this postcode: NE3 1NN and mobile coverage is provided by EE, Three, O2 and Vodafone.
*The checker results are predictions and should not be regarded as guaranteed. Council Tax The GOV.UK website states the property is Council Tax Band: D EPC Rating: D
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.
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 Ferndene Court, Gosforth
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