2-bedroom flat · NE2 2HH
To rentListed 22 days
Opportunity summary
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About
**Two Storey Apartment**Two Bedrooms**Unfurnished**Available late November** A super-stylish apartment arranged over the first and second floors of the north wing of Adderstone House, a fine nineteenth century mansion built in The Scottish-Baronial style.
The location is notable, tucked away at the end of a gated private driveway off Adderstone Crescent, yet within walking distance of Osborne Road and Acorn Road amenities.
This secluded apartment is located in the main property, with an independent private entrance accessed from the north drive.
A Private Entrance and Hallway lead to a carpeted stairway lit by both natural light and stairlights to an impressive first floor open plan space designed with the modern professional in mind.
The high specification open-plan Kitchen with Neff Slide and Hide oven and induction hob incorporates integrated appliances including dishwasher and wine cooler.
The living area will accommodate both seating and a dining area if required. Also located at first floor level is a Second Bedroom.
This would be ideal as a Home Office or Snug with an En-Suite Shower Room with underfloor heating.
Occupying the entire upper level, the Main Suite includes a Double Bedroom, a fully tiled En-Suite Shower Room with heated towel rail and underfloor heating, a Dressing Room and Laundry Area.
The apartment benefits from electric heating throughout, double glazing and is insulated to the highest current standards. Security and privacy at this home are particular features.
Externally the property is protected by electronic gates, lighting and CCTV monitoring the entire site. There is a very secure bicycle store.
Internally the apartment has its own independent alarm system as well as fire protection from wired smoke detectors and a water misting system. Viewing of this rare city home is highly recommended.
Council tax band: C Deposit required: 5 weeks rent
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 The Office Apartment, 26, Adderstone Crescent, Newcastle Upon Tyne
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