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See how verdicts work3-bedroom flat · NE2 2RQ
Sold STCListed 89 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Retaining period features and with no onward chain! Ideally located in the heart of Jesmond. a first and second floor maisonette on Grosvenor Road.
Close to Jesmond Dene, excellent local transport links and the shops, cafés and restaurants Jesmond is so famous for. Boasting in excess of 1,000 Sq.
ft the accommodation briefly comprises: entrance lobby through to entrance hall with staircase to first floor landing, lounge with built-in storage and period fireplace, kitchen (from the main landing) two bedrooms, rear hall/utility area and bathroom.
The second floor boasts a17ft bedroom with dual aspect roof lights, walk-in wardrobe and en-suite shower room.
With gas central heating and a private rear yard an early internal inspection is essential! Upper Tyneside Maisonette | Three Bedrooms | 1,064 Sq.
ft (98.8m2) | Lounge with Built-in Storage & Period Fireplace | Kitchen (from main hall) | Bathroom | Rear Hall/Utility Area | 17ft Bedroom with Walk-in Wardrobe & En-Suite Shower Room | Private Rear Yard | Period Features | GCH | Leasehold - Tyneside Lease with Peppercorn Rent | No Onward Chain | Council Tax Band B | EPC Rating: D
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
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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 Grosvenor Road, Jesmond, Newcastle upon Tyne
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