1-bedroom flat · NE2 2HR
For saleListed 855 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Rms Estate Agents Ltd are now in receipt of an offer for the sum of £152,000 for 123 Burlington Court, Adderstone Crescent, Newcastle upon Tyne, NE2 2HR Anyone wishing to place an offer on the property should contact rms Estate Agents Ltd, 51 St Georges Terrace, Jesmond, Newcastle-Upon-Tyne, NE2 2SX telephone number prior to exchange of contracts.
Located in one of Jesmond's most prestigious locations with fine distant aspect over surrounding landscape, including the dene, this impressive ground floor flat is offered with no onward chain.
Other attractions include; Entryphone security system, UPVC double glazing, electric storage heating.
The floorplan comprises a well maintained communal hallway leading to; entrance lobby leading off to the hallway, living room with feature period style fireplace and Juliet style balcony with twin French doors, kitchen with built in cooking appliances, double bedroom with built in wardrobes and lavish refitted shower room/wc.
Externally there is a brick built single garage and mature communal gardens. Communal Hallway Leading to entrance lobby, hardwood part glazed entrance door.
Hallway Storage cupboard, night storage heater, entry phone security system.
Living room - 14’4 x 14’4 into double glazed window recess (4.37m x 4.37m into double glazed window recess) Feature fire surround with cast iron insert, Juliet style balcony with twin French doors, television point, wall light points, two night storage heaters, delightful distant outlook over Jesmond Dene.
Kitchen 8’10 x 7’4 (2.69m x 2.24m) Double glazed window, range of wall, floor and drawer units with co-ordinating roll edge work surfaces, stainless steel sink unit and drainer with mixer tap, tile splash backs, built in oven hob and extractor, plumbing for washing machine, laminate flooring, fine distant aspect.
Double bedroom 14’4 x 10’1 into range of wardrobes (4.37m x 3.07m into range of wardrobes) Double glazed window, boxed electric heater, fine aspect.
Shower room/w.c 3 piece white suite comprising; oversized mains shower, wash hand basin, low level w.c, heated towel rail, airing cupboard. External Single garage, landscaped communal gardens.
Primary services supply Electricity: Mains Water: Main Sewerage: Mains Heating: Electric Broadband: Fibre Available Mobile Signal Coverage Blackspot: No Parking: Garage mining - The property is not known to be on a coalfield and not known to be directly impacted by the effect of other mining activity.
The North East region is famous for its rich mining heritage and confirmation should be sought from a conveyancer as to its effect on the property, if any.
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
Agent & docs
FAQ
About Apt 123 Burlington Court, Adderstone Crescent, Newcastle Upon Tyne
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