4-bedroom terraced house · NE3 1BQ
Sold STCListed 141 days
Opportunity summary
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About
Well presented throughout and located within central Gosforth! This four bedroom, three story modern townhouse is ideally situated on Grove Park Avenue, Gosforth.
Grove Park Avenue, originally constructed in 2005, on the former Procter and Gamble site within Gosforth’s Conservation Area and set back from The Grove occupies a prime position in the centre of Gosforth.
The development benefits from easy access to the shops, cafés and restaurants of Gosforth High Street as well as South Gosforth Metro Station which is also only a short walk away.
The accommodation briefly comprises: entrance hall with stairs to first floor and storage cupboard; 17ft kitchen diner with a range of fitted units hardwood work surfaces, some integrated appliances, spot lighting and French doors leading out to the rear gardens; downstairs WC; bedroom four/study.
The first floor landing gives access to; full-width sitting room measuring 17ft with two sets of French doors leading out to a south-east facing balcony; bedroom two, a double bedroom with French doors leading out to a balcony, also with re-fitted and stylish en-suite shower room.
The second floor landing with storage gives access to; bedroom three with fitted wardrobe storage, dual windows and an en-suite bathroom; bedroom four; bathroom complete with three piece suite.
Externally, a block paved front driveway providing off-street parking and to the rear, well manicured gardens laid mainly to lawn and a patio seating area. Early viewings are a must!
Mid-Terrace TownHouse | Well Presented Throughout | Four Bedrooms | 1,411 Sq ft (131.1m2) | Sitting Room | Kitchen Diner | Ground Floor WC | Family Bathroom | Two En-Suite Bathrooms | Front Driveway | Rear Gardens | Patio Seating Area | GCH | Freehold | Central Gosforth Location | Council Tax Band | EPC: C
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.
Area
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FAQ
About Grove Park Avenue, Gosforth, Newcastle upon Tyne
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