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See how verdicts work3-bedroom flat · NE2 3NQ
Listing removedListed 83 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This three-bedroom upper flat provides a practical layout suited to buyers seeking well-proportioned accommodation in a popular residential area.
The property features three double bedrooms, one reception room and a separate kitchen, together with a shower room. It holds an EPC rating of D and falls within Council Tax Band B.
Situated close to Little Moor, the flat benefits from easy access to open green space for walking, running and recreation.
Jesmond’s amenities are within reach, offering a range of cafés, bars, restaurants and local shops, while Gosforth High Street is also accessible, providing supermarkets, independent retailers and everyday services.
Public transport links are a key advantage, with Ilford Road Metro station nearby.
From here, regular services run towards Newcastle city centre, typically taking around 5–10 minutes, with onward connections to Central Station for regional and national rail travel, and to the coast via Tynemouth and Whitley Bay.
Local bus routes further enhance connectivity across the city and surrounding areas.
The location is well placed for access to schools and Newcastle’s universities, making the flat suitable for a range of purchasers, including those needing straightforward links to educational and professional hubs.
Overall, this upper flat offers three double bedrooms and convenient access to green space, transport links and local amenities in both Jesmond and Gosforth.
Please note that the aml fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 48, Albemarle Avenue, Newcastle Upon Tyne
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