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See how verdicts work3-bedroom house · NE2 1HN
For saleListed 77 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic investment opportunity has arisen with this three bedroom house in Ripon Gardens. Situated in the popular area of Jesmond Vale.
Jesmond is within walking distance of Newcastle City Centre and has very good public transport links.
It offers an eclectic mix of bars, restaurants, swimming pool, library, smaller independent boutique style shops and big chains like Tesco’s and Waitrose.
Properties range from Victorian houses and converted flats to modern blocks and stylish apartments.
The property comprises; entrance hallway with stairs to the first floor landing and access to the living room, which leads to the kitchen with a door to the property's private rear yard.
The property also contains three bedrooms with a variety of storage space and a separate white suite bathroom. The property benefits from gas fire central heating and UVPC double glazing.
The property is currently rented to three tenants @ £1755pcm , giving a gross annual rent of £21,060 . Gross Yield 6.3%. Viewings are highly recommended.
Property Entrance Entrance door opens into a lobby, leading to the ..
Hallway Cornicing and a central heating radiator and provides access to the living room and the stairs to the first floor.
Living Room 3.52m ( 11'7'') x 4.25m ( 14'0'') Featuring picture rail, built in cupboard, and central heating radiator. Door leading to ...
Kitchen 3.35m ( 11'0'') x 2.29m ( 7'7'') Range of fitted wall and floor units, one and half sink and drainer unit, four burner gas hob, electric oven, stainless steel extractor canopy, tiled splash back, wall mounted Baxi boiler, and plumbing for a washing machine.
Sitting Room/Bedroom One 4.22m ( 13'11'') x 4.01m ( 13'2'') Featuring a period ceiling rose, cornicing, picture rail and central heating radiator.
Bedroom Two 4.77m ( 15'8'') x 4.09m ( 13'6'') Cornicing, two central heating radiators, and built in overhead locker storage space, in both alcoves.
Bathroom 2.40m ( 7'11'') x 2.35m ( 7'9'') Situated on the half landing of the property, the white bathroom suite includes a bath with a shower, glazed shower screen, basin, WC, and central heating radiator.
Bedroom Three 4.34m ( 14'3'') x 2.84m ( 9'4'') Built-in double wardrobe with overhead locker storage space.
Alcove providing additional overhead locker storage space, and central heating radiator. Externally There is a small garden to the front and to the rear the property a private concreted yard.
Additional Information We have been advised by the vendor of the following information:- The tenure of this property is: Freehold Council Tax band: C EPC Rating: D Broadband Checker: Please use the Open Reach website checking service.
Mobile Coverage: Please use the Ofcom website checking service. Flooding Checker: via the Gov UK website.
If you are purchasing this property as an investment property to rent out, the current minimum energy efficiency rating is E.
However from Oct 2030, the minimum required energy efficiency rating for a rental property will be C.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Ripon Gardens , Jesmond , Newcastle upon Tyne
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