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See how verdicts work3-bedroom flat · NE2 2EA
For saleReduced £25k (−6.7%) on 9 SepListed 205 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to acquire this beautifully presented, generously proportioned three-bedroom apartment, ideally positioned within the highly sought-after and exclusive gated development of Adderstone Court, located just off the prestigious Adderstone Crescent in Jesmond.
The living space includes an apartment hallway, providing access to the principal rooms.
The beautifully presented lounge enjoys access to a balcony, a charming outdoor space providing an ideal spot for relaxing or entertaining, whether enjoying a morning coffee or unwinding with an evening glass of wine.
The heart of the home is the fitted dining kitchen, boasting an extensive range of modern units, complemented by ample work surfaces and a selection of built in cooking appliances, making it perfect for both everyday living and hosting guests.
There are three well-proportioned bedrooms, each offering comfortable accommodation. The principal bedroom benefits from its own en-suite shower room, providing added privacy and convenience.
The remaining two bedrooms are served by a well-appointed family bathroom, which features a corner bath, a hand wash basin set within a vanity storage unit, and a WC.
Externally, Adderstone Court is set within beautifully tended communal grounds, offering a tranquil and leafy environment on the edge of Jesmond Dene.
This prime location combines peaceful surroundings with excellent accessibility, being just a short distance from Jesmond’s wide range of amenities, including boutique shops, cafés, bars, and restaurants.
Further benefits include secure gated access and allocated parking for residents, along with additional visitor parking within the development.
Early viewing is highly recommended to fully appreciate the size, location, and lifestyle this exceptional apartment has to offer.
EPC Rating: C Lounge (5.83m x 4.46m) Dining Kitchen (5.66m x 2.33m) Bedroom One (5.61m x 4.24m) En-Suite (2.41m x 1.41m) Bedroom Two (4.32m x 2.60m) Bedroom Three (2.85m x 2.42m) Bathroom (3.16m x 1.84m) Property Information Local Authority: Newcastle Flood Risk: This property is listed as currently having a very low risk of flooding although we have not seen any legal written confirmation to be able to confirm this.
Please contact the branch if you have any queries in relation to the flood risk before proceeding to purchase the property.
TV and Broadband: BT, Sky – Basic, Superfast, Ultrafast in the area Mobile Network Coverage: EE, Vodafone, Three, O2 in the area Please note, we have not seen any documentary evidence to be able to confirm the above information and recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property.
Recording Devices Please be aware that some properties may be equipped with CCTV, video doorbells, or other recording devices (including internal audio/video surveillance) for security purposes.
While viewings are conducted in private homes, we ask that all attendees respect that the property owner may choose to monitor or record access to their home.
If you have any concerns regarding this, please speak to a member of our team prior to your appointment.
We have advised all vendors that any recording during viewings should be disclosed and used strictly for personal purposes only, in accordance with data protection and privacy laws.
Balcony (3.17m x 2.88m)
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.
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FAQ
About 21 Adderstone Court Adderstone Crescent, Newcastle Upon Tyne
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