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See how verdicts work2-bedroom flat · NE2 2DP
Sold STCListed 136 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
With a private front garden, rear yard and offered to the market with no onward chain! A stylish ground floor conversion apartment found in the heart of central Jesmond.
A stone's throw from countless great shops and restaurants, West Jesmond Metro Station and indeed Newcastle city centre itself.
The property briefly comprises a communal entrance hall with telephone entry system; private entrance hall with storage cupboard; kitchen diner with an island, granite work surfaces and appliances including a John Lewis five burner gas hob/ electric oven & grill, an integrated AEG dishwasher and a Samsung American style fridge freezer; lounge measuring 19ft with walk in bay; utility area just off the kitchen diner leads to the rear hallway; shower room WC; two double bedrooms.
Externally, a privately owned west facing front garden with hedge boundaries and to the rear, accessed by French doors from the kitchen diner, a private decked courtyard prefect for summer BBQ's!
Stylish Ground Floor Conversion Apartment | 972 Sq ft (90.3 m2) | Two Double Bedrooms | Open Plan Reception | Kitchen Diner | Utility Area | Shower Room | Central Jesmond Location | Private Front Garden & Rear Courtyard | GCH & DG | No Onward Chain | Leasehold - Share of Freehold - 964 Years Remaining | Service Charge £600 Per Annum | Council Tax Band C | EPC Rating: C
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 St. Georges Terrace, Jesmond, Newcastle upon Tyne
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