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See how verdicts work2-bedroom flat · NE2 3AP
For saleListed 1 day
Opportunity summary
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About
Stylish Two Bedroom Conversion Apartment with 22ft Open Plan Living Space and Generous South Facing Balcony!
Located within the heart of Brandling Village Conservation Area, this great second floor conversion apartment is ideally located on Otterburn Terrace, Jesmond.
Situated within walking distance to Newcastle City Centre, Otterburn Terrace is perfectly placed close to the parade of shops on Clayton Road, Jesmond Metro Station and indeed the café culture of Jesmond.
Boasting over 1,000 Sq ft, the internal accommodation briefly comprises: communal entrance hall with stairs to all floors; private entrance hall with split level landing with storage; impressive 22ft open plan living space with exposed beams and hardwood oak flooring, open to a re-fitted kitchen with a range of fitted units, granite work surfaces and a door out to the balcony together separate bi-folding doors; bedroom one, benefitting from air conditioning and door out to the balcony and access to its own dressing room; bedroom two with sliding door wardrobe storage; re-fitted bathroom with four piece suite.
Externally, a private balcony with south and west aspect with rooftop views over Brandling Village.
Fully double glazed with gas 'combi' central heating, an internal inspection is essential to appreciate the accommodation on offer!
Stylish 2nd Floor Conversion Apartment | 1,052 Sq ft (97.7m2) | Impressive 22ft Open Plan Living Space with Exposed Beams | Re-Fitted Kitchen | Two Double Bedrooms | Dressing Room to Bedroom One | Re-fitted Bathroom | Balcony | GCH & DG | Conservation Area | Excellent Location | Leasehold - 950 Years Remaining | Council Tax Band C | EPC: D
Value & comps
No previous sales on record.
Returns
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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 Otterburn Terrace, Jesmond, Newcastle upon Tyne
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