2-bedroom flat · NE2 2HS
Sold STCListed 260 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
With Open Aspect Views Over Jesmond Dene & No Onward Chain! Tucked behind St George’s Church and ideally located within Dulverton Court, Adderstone Crescent.
Arguably one of Newcastle’s most prestigious residential addresses, Adderstone Crescent, within Jesmond Dene Conservation Area is perfectly placed to give access to all Jesmond has to offer.
The accommodation briefly comprises: communal entrance hall with secure entry system and stairs to all floors; private entrance hall; hallway with cupboard; 16ft lounge with open aspect views; kitchen with a range of fitted units, hardwood work surfaces and tiled flooring; bathroom complete with three piece suite; two bedrooms, the larger of the two measuring close to 14ft.
Externally, a privately owned garage providing off-street parking/storage and well manicured communal gardens. With no onward chain, early viewings are advised to avoid disappointment.
2nd Floor Apartment | 712 Sq ft (66.1m2) | Two Bedrooms | Lounge | Kitchen | Bathroom | Garage | Communal Gardens | Prestigious Location | No Onward Chain | Leasehold with 45 years Remaining (the seller of the property will extend the lease as part of the sales process) | Service Charge £1,684.88 Per Annum | Council Tax Band C | EPC: E EPC: E
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 Dulerton Court, Adderstone Crescent, Jesmond, Newcastle upon Tyne
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