4-bedroom flat · NE2 2NE
To rentListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious four-bedroom flat on Cavendish Place in the middle of Jesmond, with four good-sized double bedrooms and a bathroom plus a brand new shower room.
There's a large lounge with leather sofas and a separate utility room for the washing machine and tumble dryer. Osborne Road's bars and restaurants are a 5-minute walk.
Location 10 min walk to West Jesmond Metro, 2 stops from Haymarket for both universities 24 min walk to Haymarket Metro 5 min walk to Osborne Road bars, restaurants and shops 2 min walk to Pizzeria Francesca 5 min walk to Tesco, Waitrose, Starbucks and the Acorn Road shops The property 116 m² (1,249 sq ft) Large lounge with leather sofas, 42" TV and energy-efficient lighting Fitted kitchen with fridge freezer and cooker Separate utility and storage room with washing machine and tumble dryer Solid wood flooring throughout Gas central heating (combi boiler), mostly double glazed Bedrooms and bathrooms 4 good-sized double bedrooms, each with a wardrobe, chest of drawers, desk, chair, bed and bedside table 1 bathroom with mains shower over bath 1 brand new shower room Bills: Not included in the rent.
Council Tax Band: B or Exempt (subject to full student occupation) Holding Deposit (to reserve the property): £664 ( total for property ), £166 each. EPC Rating: C
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 39b Cavendish Place, Jesmond
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