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See how verdicts work3-bedroom flat · NE2 1LH
For saleListed 10 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
STUNNING VIEWS OUT OVER JESMOND CRICKET CLUB - OFF-STREET PARKING - NO ONWARD CHAIN!
Priced to reflect modernisation, this three-bedroom apartment is located on the second floor of this prestigious 1930's mansion block.
Ideally positioned on Osborne Avenue within South Jesmond Conservation Area close to excellent amenities, transport links and Jesmond Dene.
The accommodation briefly comprises: communal entrance with secure telephone entry system and both lift and stair access to the second floor; private entrance hall with two storage cupboards; sitting room with walk in bay and feature fire; kitchen with fitted units, work surfaces and fire escape access; bedroom one/dining room with walk in bay; two further bedrooms, bedroom two also with walk in bay; bathroom.
With off-street residents parking, early viewings are advised.
Second Floor Apartment | 958 Sq ft (89.0m2) | Three Bedrooms | Sitting Room | Dining Room/Bedroom One | Kitchen | Bathroom | Off-Street Parking | Price to Reflect Modernisation | No Onward Chain | Leasehold - 983 Years Remaining | Service Charge £2,460 Per Annum | Council Tax Band C | EPC: Tbc
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 Osborne Court, Jesmond, Newcastle upon Tyne
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