3-bedroom flat · NE2 3HL
To rentListed 3 days
Opportunity summary
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About
**AVAILABLE IMMEDIATELY** **£145pppw** **FURNISHED** **NEWLY REFURBISHED** Centrally located close to West Jesmond Metro Station, the shops on Acorn Road and countless cafe's and restaurants on Osborne Road, a three bedroom first floor 'Tyneside' flat, ideally positioned on Glenthorn Road, Jesmond.
Boasting brand new carpets/ flooring throughout, newly redecorated, brand new bedroom furniture and new kitchen worktops installed!
The property briefly comprises; entrance hall with stairs to the first floor landing; three double bedrooms, all furnished with brand new furniture; 14ft lounge central to the property; modern fitted kitchen with appliances and newly installed worktops; plush recently installed shower room WC.
Externally, a shared yard to the rear and on street permit parking to the front.
Fully furnished, with gas central heating and double glazing, newly redecorated and with new carpets & flooring throughout.
Available to let to a group of three individuals, this super property is not to be missed! Available Immediately | £145ppw/£1,885pcm | 879 Sq.
ft (81.7 m2) | First Floor Tyneside Flat | Three Double Bedrooms | Furnished | Modern Kitchen | Shower Room WC | Lounge | Newly Redecorated Throughout | New Furniture | New Carpets/Flooring Throughout | Shared Rear Yard | On Street Permit Parking | GCH & DG | Council Tax Band: B | EPC Rating: C
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 Glenthorn Road, Jesmond, Newcastle upon Tyne
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