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See how verdicts work2-bedroom flat · NE2 3HJ
Sold STCListed 34 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
360 VIRTUAL TOUR - NO ONWARD CHAIN – GROUND FLOOR TYNESIDE FLAT – Brunton Residential are pleased to present to the market this two-bedroom lower Tyneside flat, ideally situated on Glenthorn Road in Jesmond.
The property offers the classic Tyneside flat layout and is positioned within one of Newcastle’s most sought-after residential areas.
Previously tenanted at £1,150 per calendar month, the property represents a strong opportunity for investors seeking an established income-producing asset.
It would also make an excellent first-time purchase for buyers looking to secure a home in a prime location. Accommodation briefly comprises an entrance hallway with a useful storage cupboard.
To the front of the property is a spacious double bedroom featuring a bay window, while a second double bedroom is positioned to the rear.
There is also a generous lounge which leads through to the kitchen and then on to the bathroom. The kitchen is fitted with a range of wall and base units with coordinated work surfaces.
The bathroom is fitted with a WC, wash basin, bath, and a separate shower unit. Externally, there is a private rear yard with walled boundaries.
On The Ground Floor - Entrance Vestibule - Entrance Hall - Living Room - 4.89m x 4.45m (16'1" x 14'7") - Measurements taken from the widest points.
Store - Bedroom - 3.24m x 2.45m (10'8" x 8'0") - Measurements taken from the widest points. Dining Room - 4.55m x 3.52m (14'11" x 11'7") - Measurements taken from the widest points.
Kitchen - 3.33m x 2.55m (10'11" x 8'4") - Measurements taken from the widest points. Bathroom - 2.00m x 2.55m (6'7" x 8'4") - Measurements taken from the widest points. Disclaimer.
- The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
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 Glenthorn Road, Jesmond, NE2
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