5-bedroom terraced house · NE2 4PD
Sold STCListed 122 days
Opportunity summary
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About
This impressive & spacious 5 storey mid terraced period townhouse with nearly 4,000sq ft of space forms part of the exclusive Carlton Terrace, minutes away from the city centre with a separate double garage & studio apartment and rear south facing courtyard garden that will have both a regional and national appeal.
Accommodation comprises: Ground floor: Entrance vestibule, hallway, cloakroom/wc, sitting room, dining kitchen. Lower ground floor: Family/garden room, utility room, wc.
First floor: Landing, drawing room/bedroom, bedroom 2, family bathroom. Second floor: Landing, principal bedroom, ensuite bathroom, bedroom 3, ensuite shower room.
Third floor: Landing, bedroom 4, ensuite shower room. Outside: Front town garden, rear paved south facing garden. Studio: Open plan studio & kitchen, shower room/wc.
Situation: Carlton Terrace is a well known and sought after address in the heart of the city.
Positioned between the city centre and Jesmond this is the perfect location for those looking to have access to all Newcastle has to offer. Both the RVI hospital and both universities are on hand.
There is good open space including Exhibition Park and the Town Moor.
From the city centre there is a mainline rail station that connects to London Kings Cross in less than 3 hours whilst to the north of the city is Newcastle International Airport with destinations around the globe.
There is schooling for all ages as well as a number of private schools close by including Newcastle RGS & Newcastle High School for Girls.
Description: 15 Carlton Terrace will have both regional and national appeal as it offers great versatility to a wide range of buyers.
The flexibility continues with the separate studio apartment that’s over the double garage. The house is heated by gas central heating and an internal inspection will be essential.
The front door leads directly into the vestibule and then the hallway. With stairs off to the first floor and a cloakroom/wc there is a door to both sitting room and dining kitchen.
The sitting room has a bay window to the front making this a bright and airy room, the main focal point is the gas living flame fire with cast iron inset and white marble surround.
To the rear and with a banister over looking the lower ground floor is the dining kitchen.
Fitted with wall and base units with a central island making this a great social space the kitchen is the heart of this family home.
The family/garden room is a bright space and runs the full width of the lower ground floor and leads out to the south facing garden.
This double height space also has access to the utility room and wc. The first floor landing has stairs off to the second floor.
The drawing room is a lovely formal reception space running the full width of the front of the property with 3 large sash windows.
There is a corniced ceiling and ceiling rose whilst the impressive fireplace is the main focal point with a white marble surround.
Bedroom 2 is to the rear with fitted furniture and is a double bedroom. Finally on this floor is the family bathroom with three piece suite, tiled walls and flooring.
The second floor landing has a continuation up to the third floor and a door to the principal bedroom with generous double bedroom and a luxury ensuite bathroom with bath and separate shower cubicle.
Bedroom 3 is also a double bedroom with fitted furniture and ensuite shower room. Finally the third floor landing opens to bedroom 4 which is another generous double bedroom with fitted furniture.
It too has its own ensuite shower room.
Outside: To the front is a town garden whilst to the rear is a block paved south facing garden with raised beds and access to the double garage with access to the service lane and above there is a studio apartment with a large open plan living space with kitchen and ensuite shower room.
Value & comps
No previous sales on record.
Returns
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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 Carlton Terrace, Jesmond, NE2
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