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See how verdicts work5-bedroom terraced house · NE2 2NB
Sold STCListed 218 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This 3 storey mid terraced period family home is located in the heart of central Jesmond.
Retaining many original features the rooms are a great size and offer a great deal of versatility and will have to be viewed to be appreciated.
Accommodation comprises: Ground floor: Entrance vestibule, hallway, sitting room, dining room, breakfasting kitchen, cloakroom/wc, pantry.
First floor: Landing, Drawing room/principal bedroom, bedroom 2, bedroom 3, shower room. Second floor: Landing, family bathroom, bedroom 4, bedroom 5.
Outside: Front town garden, rear courtyard, 2 stores. Situation: Devonshire Place is located in the heart of central Jesmond.
There is direct access to all this bustling and popular suburb has to offer which includes a good selection of local and national shops, coffee shops, bars and restaurants.
There is also a post office, library and swimming pool. Jesmond is well positioned close to the city centre and has good commuting options by road, bus and Metro.
It also has a number of open places that include Jesmond Dene & The Town Moor.
This popular location is sought after with professionals and couples and it also has links to our beautiful coastline and pretty seaside towns such as Whitley Bay & Tynemouth.
Description: Built as a 3 storey town house this period family home will have to be viewed to be appreciated.
With generous rooms that retain so many original features there is a great deal of versatility in this property and so will appeal to a wide range of buyers.
Heated by gas central heating, there are 2 boilers (one for the first 2 floors and another for the 2nd floor). The front door leads into the vestibule and from there is the hallway.
With doors to the ground floor principal rooms and stairs off to the first floor landing.
The sitting room is to the front elevation with a bay window that allows for additional natural light and space.
Whilst the main focal point is a pretty cast iron fireplace that acts as the rooms main focal point. The dining room is to the rear. This versatile living space could be a family room or play room.
A black marble fireplace acts as the rooms main focal point.
The breakfasting kitchen is the heart of the house with modern fitted wall and base units with black granite worktops, integral appliances, window to the rear courtyard and door to the pantry and rear lobby and cloakroom/wc.
On the first floor there are stairs off to the second floor. The drawing room runs the full width of the front of the house.
This is a most impressive reception space or would make a great principal bedroom.
With a stunning white marble fireplace there are 2 large windows looking south making this such a bright and airy room.
Bedroom 2 is also a double room, also with a white marble fireplace and a window to the rear. Bedroom 3, also a double with a cast iron fireplace and also to the rear.
Finally on this floor is the shower room/wc. The second floor landing has access to the family bathroom which is in 2 parts and a great size. It also has access to great storage.
Bedroom 4 is a double room with a dormer window to the front and bedroom 5 would make an excellent home office and has a sky light to the rear.
Outside: To the front is a town garden which is south facing. To the rear is a courtyard with 2 stores.
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
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FAQ
About Devonshire Place, Jesmond, NE2
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