3-bedroom flat · NE2 2ND
Sold STCListed 209 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Two Storey Period Apartment**Three Bedrooms & Two Bathrooms**No Onward Chain** Occupying the first and second floors of Victorian terraced town house, this spacious apartment is well placed for access to all Jesmond amenities.
Exceeding 1,250 square feet, the property includes a Communal Entrance, a Private Entrance Hall and Landing, a Living Room / Dining Room, a Kitchen / Breakfast Room, Three spacious Bedrooms, a Bathroom, and a Shower Room.
The flat further benefits from gas central heating, and a rear balcony.
Material Information: Council Tax Band - C Parking - On Street Permit Parking Tenure - Leasehold Lease Length Remaining - 958 years Service Charge - N/A
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 Devonshire Place, Jesmond, Newcastle Upon Tyne, NE2
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