1-bedroom flat · NE2 2HS
Listing removedListed 134 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** AVAILABLE 07 AUGUST 2026 ** FULLY FUNISHED ** GROUND FLOOR APARTMENT ** Cloud Estates welcome this fully furnished ground floor apartment situated in the exclusive and prestigious area of Adderstone Crescent, Jesmond.
It comprises of entrance hallway, large lounge/dining area with French doors out into the communal gardens, fitted kitchen, bathroom with shower over bath and double bedroom.
Externally the property has communal gardens to the rear and free off street parking at the front of the property.
Additional benefits include under floor heating, double glazing throughout, an alarm and two supplementary storage heaters.
The property is ideally located in the heart of Jesmond, one of Newcastle's most vibrant and eclectic areas.
Central to Jesmond's appeal is it's abundance of bars, restaurants and shops, in addition to offering the tranquillity of Jesmond Dene Park which follows the River Ouseburn between South Gosforth and Jesmond Vale.
Please contact Cloud Estates to arrange your viewing!
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Adderstone Crescent, Newcastle Upon Tyne
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