1-bedroom flat · NE2 3QE
Listing removedReduced £50 (−3.6%) on 25 AugListed 103 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within an attractive contemporary development in the sought-after Jesmond area, this beautifully presented one-bedroom apartment offers bright, spacious and stylish accommodation finished to a high standard throughout.
The centrepiece of the property is the impressive open-plan kitchen, living and dining area.
This generously proportioned room provides excellent flexibility for both relaxing and entertaining, with warm wood-effect flooring, neutral décor and recessed ceiling spotlights creating a clean, modern finish.
The sleek fitted kitchen features an extensive range of high-gloss wall and base units, complemented by contrasting grey work surfaces..
Integrated appliances include a dishwasher, washing machine and microwave, a flush-mounted electric hob and a concealed fridge-freezer.
The open-plan design leaves ample room for a dining table, sofa and additional living-room furniture.
The well-proportioned bedroom is finished with soft grey carpeting and includes a substantial fitted wardrobe with modern wood-effect and mirrored sliding doors.
Further features include recessed spotlights, neutral decoration, an electric panel heater and full-height glazing, creating a bright and comfortable sleeping space with plenty of room for additional furniture.
The contemporary shower room has been finished with attractive marble-effect wall tiling and dark flooring.
It comprises a spacious glass-enclosed shower with rainfall and handheld shower fittings, a modern vanity wash basin with useful storage, a WC and a chrome heated towel rail.
Conveniently situated for Jesmond’s wide range of shops, cafés, restaurants and transport connections, the apartment also provides easy access to Newcastle city centre, local universities and surrounding business districts.
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 Apartment 10, 4, Towers Avenue, Newcastle Upon Tyne
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