2-bedroom flat · NE3 1YQ
Listing removedListed 263 days
Opportunity summary
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About
WELL PROPORTIONED TWO BEDROOM APARTMENT POSITIONED TO THE GROUND FLOOR OF A QUIET RESIDENTIAL DEVELOPMENT IN SOUTH GOSFORTH - AVAILABLE WITH NO UPPER CHAIN Brannen & Partners welcome to the market this spacious ground floor two bedroom apartment, nestled within a quiet residential development in South Gosforth.
Boasting two double bedrooms, bright and ample living space, contemporary kitchen and fitted bathroom,. In addition there is the added benefit of a detached garage and resident parking.
Briefly comprising: Secure communal entrance houses stairs with access to all apartments.
Beyond the front door, the private hallway incorporates integral storage, as well as access to all principal rooms of the apartment.
On entering you are welcomed initially by two double bedrooms, both housing fitted wardrobes for convenient storage.
Moving further into the property you find the bathroom which is furnished with an integral bath with shower overhead, WC, heated towel rail and vanity wash basin incorporating storage.
The space is fully tiled. Progressing to the end of the hallway, the ample living space opens up.
Benefitting from a large picture window and feature electric fireplace, the bright and spacious lounge is large enough to accommodate space for dining, whilst offering access to the kitchen.
Contemporary in design, the practical kitchen presents white high gloss cabinetry, framed with granite effect worktops.
Integral appliances include: oven, hob, extractor and sink, with additional designated space for further appliances. Externally, the property is surrounded by well maintained communal gardens.
An additional benefit of this property, is the detached garage, situated a short walk from the apartment block, whilst resident parking is available nearby.
The property's location is ideal, tucked within a quiet residential development in the heart of Gosforth.
Positioned a stone's throw from various excellent local transport links, the apartment is also within close proximity of local amenities and pleasant walks.
Communal Entrance - Private Hallway - 7.02 x 0.98 (23'0" x 3'2") - Living Room - 3.12 x 4.92 (10'2" x 16'1") - Kitchen - 2.45 x 2.12 (8'0" x 6'11") - Bedroom One - 3.11 x 3.26 (10'2" x 10'8") - Bedroom Two - 2.41 x 3.87 (7'10" x 12'8") - Bathroom - 1.98 x 1.64 (6'5" x 5'4") - Garage - Communal Gardens - Tenure - Leasehold - 979 years remaining
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 Lowick Court, South Gosforth
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