4-bedroom semi-detached house · NE2 3QE
Sold STCListed 187 days
Opportunity summary
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About
This semi detached period family home is located in the heart of Jesmond with a south facing rear garden and having been in the same family for many years does require some updating with accommodation that offer a great deal of versatility and which will have to be viewed to be appreciated.
Accommodation comprises: Ground floor: Entrance vestibule, reception hallway, cloakroom/wc, sitting room, family room, dining kitchen.
First floor: Landing, principal bedroom, bedroom 2, bedroom 3, bedroom 4/home office, family bathroom, 2 separate wc’s.
Outside: Front town garden, driveway, off street parking, Attached garage, south facing rear lawn garden, 2 stores, workshop.
Situation: Towers Avenue is one of the most sought after residential streets in the heart of Jesmond.
This bustling suburb is in turn located close to the city centre making it ideal for those working there with great transport links including road, bus & Metro.
Jesmond offers a wide range of amenities including local and national shops, bars, coffee shops & restaurants.
With schooling for all ages there is also access to a number of private schools across the city as well as some great open spaces such as Town Moor and Jesmond Dene.
There is also access by Metro to Newcastle International Airport with destinations around the globe and Newcastle Central Station with connections to London Kings Cross in less than 3 hours.
There are a number of lovely open spaces on hand including Jesmond Dene & Town Moor.
Beautiful beaches and seaside towns can be found to the east of the city whilst to the north and west is Northumberland’s rugged countryside.
Description: 36 Towers Avenue is a spacious and versatile semi detached period family home that makes the most of its setting within the city and also its lovely south facing rear elevation and gardens.
Having been in the same family for many years it does require updating, however, it will have both regional and national appeal and an internal inspection will be essential.
With generous room sizes the accommodation is heated by gas central heating and is over 2 floors.
This family home is accessed via double front doors to the vestibule and from there the reception hallway. This is a great space that sets the standard for the rest of the property.
There are stairs to the first floor, panelled walls to Delf Rack height, under stair cupboard and cloakroom/wc.
The family room is to the front elevation and is a great size, with bay window to the front this is a lovely reception room.
The sitting room is to the rear, which is south, and has a door out to the garden. Its a lovely bright room with fireplace and corniced ceiling.
The dining kitchen is also to the rear elevation over looking the garden. Its a good sized room, ideal for modern living and has a door to the side elevation. The first floor landing is split.
On the half landing there is a beautiful and original stained glass window. On the rear landing is the family bathroom and there are 2 separate wc’s. The main landing leads to all 4 bedrooms.
The principal bedroom is a generous double room to the rear and has a lovely outlook from the bay window over the south facing garden. It also has a built in wardrobe.
Bedroom 2 is to the front with 2 built in wardrobes. It is also a double room. Bedroom 3, a double is to the rear and has a bay window that allows for additional natural light and space.
Bedroom 4 over looks the front of the house. Has a built in wardrobe and is a single bedroom or home office.
Outside: To the front is a town garden and a block paved driveway that allows for of street parking.
The single garage is attached whilst a gate leads to the side where the boiler cupboard is and from there is the lovely south facing lawn garden with mature beds, patio and also 2 stores and a workshop.
Value & comps
No previous sales on record.
Returns
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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 Towers Avenue, Jesmond, NE2
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