4-bedroom flat · NE2 2JA
To rentReduced £476 (−15.5%) on 22 SepListed 227 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
£185 pppw Available July 2026! Outstanding Four bedroom penthouse apartment with all en-suite bedrooms and superb views located in the heart of Jesmond and close to Osborne Road.
The apartment is located on the top floor of the Award Winning Jesmond Exchange building which is a private converted block of modern apartments.
The property comprises of a light and spacious open plan kitchen and living room. The kitchen is modern and fully equipped with integrated appliances and a corner breakfast bar with stools.
The living room is furnished with leather sofas, coffee table and LCD TV.
There are four large double bedrooms, all with en-suite shower room, and are all furnished with a desk, chair, wardrobe with under drawer storage, 4ft bed and mattress.
The décor throughout is a modern clean white walls with laminate effect flooring and bright spotlight fittings. Parking One parking space comes with 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 Manor Court, Newcastle upon Tyne
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