2-bedroom flat · NE2 2NJ
Sold STCListed 54 days
Opportunity summary
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About
This 2 bedroom contemporary and redesigned ground floor Tyneside flat has been much improved in recent years and being a one minute walk to Jesmond Dene, the property is ready to move into and will appeal to professionals, first time buyers and downsizes alike seeking a characterful property in one of Newcastle's most desirable locations.
Accommodation comprises: Ground floor: Entrance vestibule, hallway, living room/bedroom 1, Shower room/WC, bedroom 2, sitting room, kitchen. Outside: Front town garden, rear courtyard.
Situation: Cavendish Road is located in the heart of Jesmond. Close to Jesmond Dene and the Cradlewell.
With direct access to transport links, this bustling suburb has lots to offer including local and national shops, restaurants, coffee shops, pubs and bars.
There is also a library, swimming pool, tennis club and gyms. West Jesmond Metro connects to the city centre in minutes as well as out to the airport.
There is also the Coast Road that links to the coastline with pretty seaside towns such as Whitley Bay & Tynemouth.
Description: This home has been thoughtfully renovated to create a stylish and contemporary vibe whilst retaining many of its original character features.
The property benefits from attractive contemporary lighting and a bright, airy feel enhanced by replacement windows and flooring, installed in 2023.
The front door leads directly into the entrance vestibule and from there to the hallway, the understairs cupboard is utilised as an office area.
The living room/principal bedroom is to the front and a generous double room with a bay window that allows for additional natural light and space.
This is a bright and inviting room which benefits from useful attic-style storage, rarely found in properties of this type. Bedroom 2, also a double, is to the rear overlooking the courtyard.
The sitting room is the main reception space and is a good size, with a window to the rear and a door leading to the kitchen which offers modern wall and base units with integrated appliances, including a dishwasher, oven and hob.
A new boiler was installed in 2023, with oven installed in 2026. There is a door out to the rear courtyard.
The shower room/WC is situated next to the principal living room/bedroom having been relocated from the rear of the property.
Outside: Externally, a vibrant city garden to the front provides kerb appeal with colourful planting.
To the rear a private courtyard offers a peaceful outdoor retreat with multiple seating areas, perfect for relaxing and enjoying the outdoors. EPC Rating: 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 Cavendish Road, Jesmond, NE2
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