2 Grove Park Oval, Gosforth, Newcastle upon Tyne, NE3 1EG

UPRN:4510719863Flat/Maisonette1 bedsBuilt 2003-2006

LeaseholdCouncil Tax: Band CEPC: C (70)

Data freshness:Listing· freshPrice Paid· freshPlanning· 4mo agoEPC· 6mo agoRisk· 5mo agoConnectivity· 1mo agoSchools· freshAmenities· 2mo agoArea· Census 2021

2 Grove Park Oval, Gosforth, Newcastle upon Tyne, NE3 1EG

HP Score

/ 100

Strong

Verdict

today

Verdict: INVESTIGATE, on a scale of Buy, Investigate, Avoid.
Strong fundamentals; flood risk not assessed

Evidence

19 of 21 sources

Sale Estimate

£145,000

£138k - £152kHigh

Estimate

£145k

Range

£138k – £152k

Rent Estimate (pcm)

£900

£850 - £950

Monthly

£900

Yield

8.31%

Verdict

Derived from HomePortfolio scores

2 Grove Park Oval earns an INVESTIGATE rating with HP Score 83/100. Investment score 78/100 reflects strong fundamentals. Crime intensity is low. Walkability is good (77/100). Flood risk is not assessed: check the Environment Agency long-term flood map before offering. Tenure is leasehold. Every figure here comes from the live HomePortfolio API; anything it does not publish is left out.

Key SourcesEPC RegisterPortal listingsOfcom Connected NationsOfcom mobile coverageMarket estimates (third-party AVM)HM Land Registry sales matched to addressDefra strategic noise mapping, England Round 4 (Contains Defra data © Crown copyright and database right 2023-2024, Open Government Licence v3.0)Walk ScoreONS Census 2021Police.ukHM Land Registry company ownershipHM Land Registry covenantsHM Land Registry leasesHM Land Registry Price PaidPlanIt / council planning portalsOverture Maps PlacesOfsted / DfE GIAS

HP Score

83/ 100

Strong

Investment Score

78/ 100

High

Crime Score

20/ 100

Moderate

Walkability

77/ 100

High

Transit & Bike

Transit 36Bike 69

Walk Score, out of 100

Opportunity

Why this could be an opportunity

Reduced confidence2 independent sourcesLead to verifyListing checked 6 Nov 2026

Fewer independent sources agree, or a component could not be scored.

Check before relying on this score: leasehold with no service charge disclosed - the stress test assumes GBP 0. It ranks after every home whose inputs are verified.

Valuation edge2.5/15
claims [AVM +10.3% (HIGH), sold-comps +30.9%, £/sqft +30.9%] → measured edge +0.50pp of the ask; on later-registered sales an AVM discount carried no edge and a sold-evidence gap at most +0.5pp
Market estimate used (HIGH confidence) · snapshot 9 Oct 2026
- valuation_snapshotsestimate for 4510719863· as of 9 Oct 2026
- property_comparablessold-evidence family (implied value + £/sqft): 12 comps, dispersion 13.8%· as of 22 Oct 2026
Rental economics33.5/40
gross yield 9.2% on contractual rent (listing-disclosed tenancy)
- listing_factscontractual rent 995/mo (tenanted)· as of 6 Nov 2026
Stress margin5.3/30
stressed cash flow +53/mo, +5% of rent (6.75% on a 75% loan; no service charge or ground rent disclosed); passes the stress; leasehold with no service charge disclosed - the stress assumes GBP 0
- underwriting_assumptionscosts not disclosed by the advert· as of 6 Nov 2026· verify before relying on this
Seller motivationNot scored
context, not scored: 6 price cut(s), 408 days on market; homes with a cut sold 0.2-0.3pp further below the cut ask, which is not an edge
- portal_listingsprice_changes + first_published_date· as of 6 Nov 2026
Risk & liquidity14.7/15
542 sales/12mo in area; valuation range width 10%
- property_intelligencetransactions_12mo

4 of 4 components scored. Ranks on gross yield, the stress margin, risk and disclosed facts. A pricing claim earns only its measured edge: today 0 for the market estimate and at most +0.5pp for sold evidence. The score itself is not yet checked against the outcomes of homes it scored.

Economics

What happens to your money

Price sensitivityScores 70+ up to £110,500

£97,500£149,500

The same scorer re-run at hypothetical asking prices, holding rent, comps and listing history constant. Not a prediction of what the seller would accept.

Your assumptions

Purchase price£130,000

At the asking price

Monthly rent£900/mo

Evidenced range £850-£950

Interest rate5.4%

Loan to value75%

Cash required: £40,400
Net cash flow: £184/mo
Cash on cash: 5.5%
Score at this price: 56

After a 8% void allowance, 15% management and 10% maintenance. Lender coverage (rent ÷ interest): 2.05 - clears the usual 1.25 test. These are your assumptions, not evidence: only the pre-filled rent and price come from the record.

Evidence

Where every number comes from

valuation_snapshotsestimate for 4510719863Valuation edge · as of 9 Oct 2026
property_comparablessold-evidence family (implied value + £/sqft): 12 comps, dispersion 13.8%Valuation edge · as of 22 Oct 2026
listing_factscontractual rent 995/mo (tenanted)Rental economics · as of 6 Nov 2026
underwriting_assumptionscosts not disclosed by the advertStress margin · as of 6 Nov 2026 · verify before relying on this
portal_listingsprice_changes + first_published_dateSeller motivation · as of 6 Nov 2026

Risks

What could kill this deal

Score confidence is reduced
fewer independent sources agree, or a component could not be scored
Stress margin needs verification before you rely on it
costs not disclosed by the advert
Seller motivation could not be scored
context, not scored: 6 price cut(s), 408 days on market; homes with a cut sold 0.2-0.3pp further below the cut ask, which is not an edge

Property risk deep-dive →

Plan

Before you offer

1. Ask the agent why the price was reduced and whether a previous sale fell through.
6 price cut(s) recorded on the listing history.
2. Set your walk-away price before viewing - above £110,500 the deal stops scoring well.
Computed by re-running the score at higher prices.
3. Treat the gap to the estimate as unproven - compare recent sold prices on the street yourself before pricing an offer around it.
On later completions, homes listed below their estimate sold at the same share of the asking price as the rest.
4. Commission a full structural survey, not a basic condition report.
The score prices market evidence, not the fabric of the building.

Valuation & Market

Sale Estimate£145,000

Rent Estimate (pcm)£900

Gross Yield8.31%

1y Growth-21.8%

3y Growth+5.0%

5y Growth+3.4%

10y Growth+2.5%

Last Sold Price£157,000 (2005-04-27)

View Market Details

Risk Overview

Flood RiskUnknown
SubsidenceModerate
RadonLow
MiningUnknown
LandslideLow
Air QualityLow
NoiseLow

View Full Risk Report

Planning Activity

Recent Apps

0NE3 1EG

Approval Rate

-12mo

Development

low

2026/1072/01/TCA
Trees in a conservation area notification: Mixed Species Hedge (H1) Predominantly Laurel with 1no. Holly and 1no. Forsythia to Remove.
Pending
2026/1062/01/TCA
Trees in a Conservation Area Notification: Ash: (A1) Remove, signs of Ash dieback
Pending
2026/1047/01/TPO
TPO Application: On sketch plan (T1) Crown raise. T2 and T3 to give 5.2m clearance from ground level. (T33 - 1998/08) Crown raise to give 5.5m clearance from ground level (Statutory road clearance).
Pending

View Planning Timeline

Ownership

Corporate Ownership53.1%
Overseas OwnershipNo
Lease Term Remaining175 yrs
CovenantsRestrictive
Lease TypeLeasehold
Last Ownership Change2005-04-27
SourceLand Registry

View Ownership Details

Connectivity

Broadband (Standard)

18 Mbps

Mobile 4G/5G Coverage

EEThreeO2Vodafone

EV Charger

PTAL Rating

View Connectivity Map

Area Profile

Median EarningsLocal authority£30,144

Population Density5,362 /km²

Owner Occupied79%

Age Distribution

0-15 16%16-64 59%65+ 25%

View Area Profile

Schools Nearby

South Gosforth First School
0.3 mi
Good
The Newcastle School
0.4 mi
Inspected by ISI
Archbishop Runcie CofE First School
0.4 mi
Area grades2024
Inspected after Ofsted withdrew the single overall grade.
Gosforth Central Middle School
0.4 mi
Good

6 of 10 nearby schools with published figures were oversubscribed in 2026 - demand, not a catchment.

View All Schools

Comparables

View All

10 Grove Park Oval
-
£175k
-
11 Grove Park Oval
-
£135k
-
16 Grove Park Oval
-
£170k
-
1 Grove Park Oval
-
£195k
-

Boundary data not available for this property

No registered title polygon, building footprint, or street match for this property yet.

Why: No HMLR INSPIRE / OSM footprint / OS Open USRN match for this UPRN

Source: HM Land Registry INSPIRE / OpenStreetMap / OS Open USRN