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See how verdicts work2-bedroom flat · NE2 2DS
Sold STCListed 121 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying the ground floor of an imposing Victorian Terraced townhouse, this apartment is ideally located just a short walk from Acorn Road and St Georges Terrace amenities, West Jesmond Metro, and St Georges Church Green.
Exceeding 840 square feet, the apartment enjoys a Communal Entrance (shared with just one other apartment), and includes a Private Reception Hall with an under-stairs cupboard, a Living Room / Dining Room with a bay window, a Kitchen / Breakfast Room, Two Bedrooms, and a Shower Room / WC.
Externally there is a shared front garden, a communal rear yard, and a private garage. Available with no onward chain, the apartment further benefits from double glazing, and gas central heating.
Material Information: Tenure - Leasehold Lease Length - 998 years Parking - Garage and On Street Council Tax Band - C Shared Access - Shared access rights to the rear yard for the leasehold owner of the upper floors
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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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 Sanderson Road, Jesmond, Newcastle Upon Tyne, NE2
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