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See how verdicts work2-bedroom flat · NE2 3AH
For saleReduced £5k (−2.3%) on 10 OctListed 62 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hive Estates welcomes to the market this stunning top floor apartment, situated in the heart of Jesmond.
Full of original features and character, the property has been thoughtfully designed to create a unique and stylish home, while offering excellent access to Jesmond's amenities and Newcastle City Centre.
Upon entrance, a functional hallway provides access to all rooms.
The principal bedroom is positioned to the left and features neutral decor, wood effect laminate flooring and ample space for a double bed, alongside a modern en-suite which includes a walk in shower, basin, WC and useful integrated storage, finished with white decor and complementary mosaic tiling.
The second bedroom is tucked away to the rear of the property, benefiting from original windows. Its secluded position and features create a warm and homely space.
A contemporary main shower room continues the apartment's distinctive style, with a unique curved configuration incorporating a walk-in shower, WC, heated towel rail and vanity basin.
Neutral mosaic tiling completes the space. The impressive open plan lounge, kitchen and dining area provides the heart of the home.
Flooded with natural light from the original dormer window in the lounge and Velux window to the kitchen, the spacious room features laminate flooring, spotlighting and a distinctive curved wall.
The modern kitchen is fitted with white high gloss cabinets, brushed silver handles and wood effect worktops, with a breakfast bar creating a sociable dining space.
Integrated appliances include a hob and oven with further under counter space for freestanding appliances.
Ideally located within walking distance of Jesmond Metro Station, Newcastle City Centre and the wide range of independent cafés, restaurants, bars and shops Jesmond has to offer.
The property would make an excellent first home or investment opportunity.
Lounge/Kitchen (4.64 x 7.57 (15'2" x 24'10")) Bedroom 1 (5.00 x 2.20 (16'4" x 7'2")) En-Suite (2.30 x 2.20 (7'6" x 7'2")) Bedroom (3.20 x 3.45 (10'5" x 11'3")) Shower Room (1.80 x 2.20 (5'10" x 7'2"))
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
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FAQ
About Flat 6, 15, Tankerville Terrace, Newcastle Upon Tyne
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