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See how verdicts work2-bedroom flat · NE2 2ER
For saleListed 21 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the heart of sought-after Jesmond, close to the popular Acorn Road with its excellent range of shops, cafés and local amenities, Woodland Mews is a well-maintained, warden-controlled development offering comfortable and convenient retirement living for residents aged 60 and over.
We are delighted to offer for sale this bright and airy second-floor apartment, situated within this attractive and welcoming development.
The accommodation is accessed via a well-presented communal entrance, which leads to a comfortable Residents’ Lounge and Quiet Room, providing pleasant communal spaces for residents to relax and socialise.
The development is surrounded by attractive communal gardens, creating a pleasant and peaceful setting, while a communal car park is available for the benefit of residents.
The apartment itself offers well-proportioned accommodation comprising a welcoming lounge, separate kitchen, two bedrooms and a bathroom.
With its light and airy feel and excellent location, this property provides an ideal opportunity for those looking for a comfortable and convenient home within a friendly retirement community.
Communal Entrance Secure entry leading into reception hall. Residents Lounge and Quiet Room. Stairs and lift to the second floor.
Entrance to the apartment Lobby Stairs with half landing to the Landing Storage cupboard , emergency pull cord and intercom .
Living Room 5.11m ( 16'10'') x 3.78m ( 12'5'') Measurements into reduced head height Kitchen 3.02m ( 9'11'') x 2.11m ( 7'0'') Bedroom One 5.38m ( 17'8'') x 3.11m ( 10'3'') Storage cupboard.
(Measurements into reduced head height) .
Bedroom Two 4.02m ( 13'3'') x 2.94m ( 9'8'') Measurements into reduced head height Bathroom 2.08m ( 6'10'') x 2.09m ( 6'11'') Coloured suite External There are communal gardens and 3 communal parking areas.
Additional Information We have been advised by the vendor of the following information:- The tenure of this property is: Leasehold Lease length: new lease 99 years remaining Ground Rent: £1 per annum Service Charge: £ 5,283.12 per annum Council Tax band: B EPC Rating: C Broadband Checker: Please use the Open Reach website checking service.
Mobile Coverage: Please use the Ofcom website checking service. Flooding Checker: via the Gov UK website.
If you are purchasing this property as an investment property to rent out, the current minimum energy efficiency rating is E.
However from Oct 2030, the minimum required energy efficiency rating for a rental property will be C.
*Please note: AI may have been used to remove personal belongings, virtually stage, or enhance marketing photographs.
Images are for guidance only, and some furnishings, décor or items shown may not be present at the property.
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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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.
Area
Agent & docs
FAQ
About Woodland Mews, Reid Park Road , Jesmond
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