4-bedroom house · NE2 1HP
For saleListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Within walking distance of Newcastle City Centre and bustling with period charm, this well presented Victorian terrace is ideally located on Salisbury Gardens, Jesmond Vale.
Close to excellent local schools, Salisbury Gardens is perfectly placed to give access to Jesmond Dene as well as the shops, cafés and restaurants that Jesmond is so famous for.
The accommodation briefly comprises: entrance lobby through to entrance hall with stairs to first floor; lounge with walk in bay, feature fireplace, stripped wood flooring and ceiling rose; kitchen dining room with alcove storage, fire surround, dual windows and spot lighting, kitchen area with a range of fitted units, work surfaces, some integrated appliances and spot lighting; utility room with French doors leading out to the yard.
The first floor landing with storage cupboard gives access to; three bedrooms, bedrooms one and two both comfortable doubles with dual windows and bedroom one with feature fireplace; family bathroom complete with four piece suite including a free standing roll top bath.
To the second floor, a generous loft room (light storage only) with three sky lights.
Externally, a front town garden with dwarf wall boundary and to the rear, an enclosed yard with artificial grass and wall boundaries. Early viewings are advised!
Well Presented Mid-Terrace | 1,493 Sq ft (138.7m2) | Three Bedrooms | Lounge | Kitchen Dining Room | Utility Room | Family Bathroom | Front Town Garden | Enclosed Rear Yard | Popular Location | Freehold | Council Tax Band C | EPC: D
Value & comps
No previous sales on record.
Returns
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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 Salisbury Gardens, Jesmond Vale, Newcastle upon Tyne
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