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See how verdicts work2-bedroom flat · NE2 2BG
Sold STCListed 176 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PURPOSE BUILT APARTMENT with ALLOCATED COVERED PARKING, SUN TERRACE WITH OPEN ASPECT VIEWS & NO ONWARD CHAIN!
Boasting close to 800 Sq ft of internal living accommodation, this is an excellent opportunity to acquire a two-bedroom apartment located on the first floor of Blythswood, Jesmond.
Situated on the corner of Osborne Road and Clayton Road, Blythswood is a purpose built block that was constructed by Banyard in the late 70's and is well placed to access the local shops, cafes and restaurants.
Jesmond Metro Station is also only a short walk away, providing excellent access throughout the region.
The property briefly comprises: communal entrance hall with both lift & stairs access to all floors.
The apartment itself, accessed via a telephone entry system, comprises a generous entrance hallway with store cupboard; lounge/ diner with a green outlook; two double bedrooms both with fitted wardrobe space; fitted kitchen with appliances; bathroom WC, separate WC and an enclosed private balcony.
With double glazed windows, electric underfloor heating throughout and allocated off street parking. Two Bedroom Apartment | Purpose Built Block | 791 Sq.
ft (73.5 m2) | Allocated Off Street Parking | Fitted Kitchen | Bathroom WC | Separate WC | Lounge/ Diner | Enclosed Balcony | Open Aspect Views | Excellent Location | Electric Under Floor Heating | DG | No Onward Chain | Leasehold - 950 Years Remaining | Service Charge £ 2,520 Per Annum | Ground Rent £35 Per Annum | Council Tax Band: D | EPC Rating: C
Value & comps
No previous sales on record.
Returns
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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 Blythswood, Osborne Road, Jesmond
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