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See how verdicts work2-bedroom flat · NE2 1JR
Sold STCListed 62 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
With No Onward Chain!
Set behind south facing lawned gardens, a stylish conversion apartment located to the ground floor of this handsome double fronted Victorian townhouse perfectly positioned opposite the cricket club on Osborne Avenue, Jesmond.
Within walking distance to the cafés and shops of Clayton Road, Acorn Road, Jesmond Dene and close to Newcastle City Centre itself, Osborne Avenue is well located in Jesmond.
The accommodation briefly comprises: communal entrance with secure entry system and stairs to first floor; private entrance hall; sitting room with dual windows; kitchen diner with fitted units, work surfaces and storage; bathroom complete with three piece suite; two bedrooms, both with en-suite facilities.
With allocated off-street parking to the rear, early viewings are advised.
First Floor Conversion Apartment | 880 Sq ft (81.7m2) | Two Bedrooms | Sitting Room | Kitchen Diner | Bathroom | Two En-Suite Shower Rooms | Allocated Off-Street Parking | GCH & DG | Popular Location | Leasehold - 984 Years Remaining | Service Charge Ad-Hoc | Council Tax Band B | EPC: Rating 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
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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 Osborne Avenue, Jesmond, Newcastle upon Tyne
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