3-bedroom flat · NE32 5JS
Listing removedListed 60 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An extremely spacious first floor apartment with private yard to the rear.
Sitting Room (3.9m x 3.9m) | Bedroom One (3m x 2.7m) | Bedroom Two (4.2m x 3.6m) | Bedroom Three (2.3m x 3.2m) | Kitchen (4.7m x 2.5m) | Bathroom (1.45m x 2.4m) From the front door, the inner lobby has stairs leading to the first floor landing.
The sitting room sits to the front of the property with a feature fireplace creating a focal point for the room.
The kitchen is of generous proportions with a range of fitted wall and floor units, built in oven and hob. There is space for a washing machine.
There are two double bedrooms and a further single bedroom. The bathroom is fitted with a white suite with shower over the bath. The rear hall, located off the kitchen, has stairs down to rear yard.
The yard is enclosed with an access gate to the rear.
Mains Gas | Electricity | Water | Drainage Council Tax – Band A EPC Rating D|59 First Months Rent and Deposit (equal to 5 weeks rent) is payable at the start of the tenancy.
Holding Deposit (equal to 1 weeks rent) payable on submission of an application form An agent can only retain a holding deposit in certain circumstances: The tenant fails the Right to Rent check The tenant provides false or misleading information The tenant decides not to enter into the tenancy agreement The tenant fails to make all reasonable steps to enter into the tenancy agreement The holding deposit will be returned to the tenant if the landlord decides not to rent out the property.
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
Agent & docs

FAQ
About Northbourne Road, Jarrow, Tyne and Wear, NE32
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