2-bedroom flat · NE3 2DZ
Listing removedListed 91 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Greystoke Park is an exclusive private development in Gosforth situated just off the Great North Road, with easy road links into Newcastle, and only a short distance from the A1 and High Street.
This lovely development has smart communal gardens, a garage in an external block, and residents car park.
This 2 bedroom apartment has been recently redecorated and has fitted beige/cream carpets throughout.
The main entrance hallway has a guest WC upon entry, and leads to the main lounge area which is a very spacious room with plenty of natural light, and electric fire.
There is a separate dining room, which in turn leads to the large kitchen.
The kitchen has white units throughout and appliances including integrated dishwasher and washer/dryer, fridge freezer, microwave, oven and hob.
The master bedroom has built in wardrobes and is a spacious double room. There is an ensuite bathroom with shower cubicle and bathroom suite, which also has access door to the main hallway.
Bedroom 2 is a single guest room, also with built in storage. The building has a sauna and steam room on the ground floor, exclusive for residents use.
Council Tax Band: E Holding Deposit: £230.00 Private garage with secure gated entry Free access to Sauna & Steam Room Largest style apartment in the block Spacious 2 bedroom apartment Sauna on site Lovely communal gardens 1 double and 1 single bedrooms Ensuite bathroom and guest WC Additional dining area Call now to arrange your viewing
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
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FAQ
About 69, Newcastle upon Tyne
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