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See how verdicts work2-bedroom flat · NE2 2JH
Sold STCListed 82 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the highly sought-after Shortridge Terrace in the heart of Jesmond, this well-presented three-bedroom ground floor flat offers spacious accommodation throughout and is ideally located close to a wealth of local amenities, excellent transport links and Newcastle City Centre.
Upon entering the property, you are welcomed into a central hallway. To the left is the generous principal bedroom, which is currently utilised as a living room.
This impressive space benefits from a large bay window, allowing plenty of natural light to flood the room and creating a bright, airy feel.
The property also offers two further well-proportioned double bedrooms, both providing comfortable accommodation and offering flexibility for a variety of living arrangements.
To the rear of the property is the spacious reception room, currently arranged as a dining room.
This bright and versatile living space provides an excellent area for relaxing or entertaining and leads directly through to the fitted kitchen.
The kitchen offers ample worktop space and a good range of wall and base units, providing plenty of storage for everyday convenience.
Beyond the kitchen is the bathroom, which is fitted with a modern walk-in shower.
The kitchen also provides access to the private rear yard, offering a useful outdoor space that is ideal for enjoying the warmer months or for additional storage.
Shortridge Terrace enjoys an enviable location within Jesmond, one of Newcastle's most desirable residential areas.
The property is within easy walking distance of Osborne Road's popular bars, cafés and restaurants, as well as a range of independent shops and supermarkets.
Excellent transport links, including Jesmond Metro Station and regular bus services, provide convenient access to Newcastle City Centre, the universities and the Royal Victoria Infirmary, making this an ideal purchase for owner-occupiers and investors alike.
For further information or to arrange your viewing, please contact our Benton office on . Leasehold - 999 years from 14 September 1988 Council Tax Band 2026-2027 - B - approx £1976.07 per annum.
EPC Rating - D We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All measurements have been taken as a guide to prospective buyers only, and are not precise.
If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.
Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation. EPC rating: D. Tenure: Leasehold,
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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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 Shortridge Terrace, Jesmond, Newcastle upon Tyne, NE2
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