2-bedroom flat · NE2 1LE
Sold STCListed 166 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well presented two bedroom first floor flat ideally located in central Jesmond!
This generous and bright first floor apartment is located within this prestigious 1930's mansion block, ideally positioned on Osborne Avenue within South Jesmond Conservation Area, close to excellent amenities, transport links and Jesmond Dene.
The accommodation briefly comprises: communal entrance with secure telephone entry system and both lift and stairs access to all floors; private entrance hall with storage cupboard; 17ft lounge diner with walk in bay window, stylish kitchen with a range of fitted units, work surfaces, some integrated appliances and fire escape access, bathroom complete with three piece suite, separate storage cupboard and dual west facing windows; bedroom one with west facing window and bedroom two with dual windows.
With residents parking, communal bike storage and well presented throughout, early viewings are advised to avoid disappointment! 1930's Mansion Block Apartment | 838 Sq.
Ft (77.8m2) | South Jesmond Conservation Area | Two Double Bedrooms | 17ft Lounge/Diner | Modern Kitchen | Bathroom | Lift Access | Courtyard | Residents’ Parking | Leasehold with 997 years remaining | Service Charge £2,904 Per Annum | Council Tax Band C | EPC Rating: C.
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About Osborne Avenue, Jesmond, Newcastle upon Tyne
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