1-bedroom flat · NE2 2PR
Sold STCListed 208 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
With no onward chain! This one bedroom, second floor conversion apartment is ideally located on Queens Road within the heart of Jesmond.
Queens Road, situated close to the shops, restaurants and cafés of Jesmond, as well as excellent local transport links into the city centre and beyond with both Jesmond and West Jesmond Metro Stations a short walk away.
The accommodation briefly comprises: communal entrance with stairs to second floor; private entrance hall with stairs to landing; split level landing with sky light; lounge with walk in bay and dormer window, open to kitchen area with fitted units, work surfaces and sky light; double bedroom with sky light; bathroom complete with three piece suite.
Second Floor Conversion Apartment | 555 Sq ft (51.5m2) | One Double Bedroom | Lounge to Kitchen | Bathroom | No Onward Chain | Leasehold - Share of Freehold 955 Years Remaining | Service Charge Ad-Hoc | Council Tax Band A | EPC: Rating D
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
Agent & docs
FAQ
About Queens Road, Jesmond, Newcastle upon Tyne
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