5-bedroom flat · NE2 3DL
To rentListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A five-bedroom property on Ashleigh Grove in West Jesmond, with five equal-sized double bedrooms and an open-plan kitchen, dining and living space.
A breakfast bar gives you somewhere to eat together, and the lounge has a floating ceiling with LED mood lighting. West Jesmond Metro is a 3-minute walk, two stops from Haymarket.
Location 3 min walk to West Jesmond Metro, 2 stops from Haymarket for both universities 22 min walk to Haymarket Metro Brentwood Avenue shops, cafés and restaurants on the doorstep 5 min walk to Tesco, Waitrose and the Acorn Road shops 5 min walk to Osborne Road bars and Jesmond Pool and Gym The property 123 m² (1,324 sq ft) Open-plan living, dining and kitchen space with leather sofas and TV Breakfast bar for eating together Floating ceiling with LED mood lighting in the lounge Fitted kitchen with fridge freezer, extra fridge, integrated oven and hob, washing machine, tumble dryer and dishwasher Laminate flooring, gas central heating (combi boiler), double glazing and alarm Fully compliant with HMO regulations Bedrooms and bathrooms 5 equal-sized double bedrooms, each with a wardrobe, chest of drawers, desk, chair, bed and bedside table 1 bathroom with shower over bath 1 shower room Bills: Not included in the rent.
Council Tax Band: Exempt (subject to full student occupation) Holding Deposit (to reserve the property): £815 ( total for property ), £163 each. EPC Rating: C
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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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 48 Ashleigh Grove, Jesmond
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