We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work5-bedroom terraced house · NE2 2SU
Sold STCReduced £50k (−9.1%) on 26 OctListed 272 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious terraced period property presents an excellent opportunity for buyers seeking a renovation project with strong potential.
The accommodation is generously proportioned and arranged over multiple floors, offering flexibility to suit a range of needs.
The ground floor comprises a separate living room and dining room, both good-sized and benefitting from high ceilings and large windows that allow for plenty of natural light.
These rooms provide a solid base for refurbishment and could be updated to create comfortable reception spaces or adapted to suit modern living preferences.
To the upper floors, the property offers five bedrooms, providing ample space for family living, guest accommodation or home-working.
The layout is practical and adaptable, while the existing single bathroom offers scope for upgrading or reconfiguration as part of a wider improvement scheme.
The property retains a number of original features, adding character and appeal, and while it now requires modernisation throughout, it offers a clear opportunity to enhance and add value.
To the rear, there is a garden which, once improved, could provide a pleasant outdoor space.
St George’s Terrace is situated in the heart of Jesmond, one of Newcastle’s most sought-after residential suburbs, known for its blend of character, convenience and lifestyle appeal.
The location is highly desirable thanks to its excellent transport links, making access into Newcastle city centre quick and easy.
Jesmond itself offers a rich selection of cafés, independent shops, restaurants and local amenities, particularly around Osborne Road, Acorn Road and nearby St George’s Terrace, so day-to-day life is both vibrant and convenient.
The area combines attractive period properties with leafy streets and a strong community feel, making it popular with professionals, families and those who appreciate both urban buzz and residential calm.
Overall, this is a sizeable home with a versatile layout and plenty of potential, ideal for those looking to refurbish and personalise a period terraced property.
EPC Rating -E Tenure - Freehold Council Tax Band - E Services - Mains gas, electric, water
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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 St. Georges Terrace, Jesmond, Newcastle Upon Tyne, Tyne & Wear, NE2
Explore nearby
