2-bedroom flat · NE2 3BY
To rentReduced £100 (−9.1%) on 13 OctListed 37 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
AVAILABLE SEPTEMBER 2026. Two Bedroom Unfurnished Ground Floor Flat in West Jesmond.
A well-positioned two-bedroom unfurnished ground floor flat situated in the highly sought-after area of West Jesmond, Newcastle upon Tyne.
The property offers comfortable and practical accommodation and comprises an entrance hallway, spacious lounge, separate kitchen, two bedrooms and a bathroom.
To the rear, there is the added benefit of a private rear yard, providing an excellent outdoor space for relaxing or entertaining.
The property is ideally situated in Jesmond, one of Newcastle's most popular and established residential areas.
Jesmond offers an attractive combination of traditional residential streets, local shops, cafés, restaurants and green spaces, while being within easy reach of Newcastle city centre.
The area is particularly well known for its vibrant local amenities, with Osborne Road, Acorn Road and St George's Terrace providing a wide selection of independent shops, cafés, restaurants, bars and everyday conveniences.
For those who enjoy outdoor space, Jesmond Dene is close by, offering extensive woodland, walking routes and open green space. The area also provides convenient access to the city centre.
Transport links are excellent, with Jesmond and West Jesmond Metro stations providing convenient connections into Newcastle city centre and beyond, while regular bus services operate through the surrounding area.
HALLWAY Entrance vestibule with door leading to hallway with laminate flooring and radiator. LOUNGE 4.6m (15'1) x 3.96m (13') Laminate flooring, Upvc window, and radiator.
KITCHEN 2.57m (8'5) x 2.16m (7'1) Base and wall units, electric oven and hob with an extractor hood.
One and a half stainless steel sink and drainer unit, part tiled walls, laminate flooring, fridge freezer, washing machine, Upvc window, upvc door and door leading to the downstairs bathroom.
BEDROOM 5.03m (16'6) x 3.94m (12'11) Upvc bay window, radiator and laminate flooring, BEDROOM 3.07m (10'1) x 2.54m (8'4) Upvc window, laminate flooring, radiator, cupboard housing the wall mounted combi boiler and, storage cupboard housing the meters.
SHOWER ROOM Shower cubicle, low level w.c, wash basin on vanity unit, Upvc window, vinyl walls and floor, extractor fan and inset spotlights to ceiling. EXTERNALLY Private yard to the rear.
Broadband & Mobile Coverage The Ofcom website states the average broadband download speed of 15 Mbps and a maximum download speed of 1800 Mbps at this postcode: NE2 3BY and mobile coverage is provided by NE2 3BY.
The checker results are predictions and should not be regarded as guaranteed.
Council Tax The GOV.UK website states the property is Council Tax Band: TBC EPC Rating: D Affordability In order to rent one of our properties, you will need to demonstrate that you can afford the rental payments.
The test that we apply is normally that you must have a total monthly income amounting to 2.5 times the monthly rent or a total annual income of 30 times the monthly rent.
For example, if the rent is £1,000 PCM, then you will need a monthly income of £2,500 or an annual income of £30,000.
You should also advise us if you have any adverse credit history, as this could affect the results of the referencing checks carried out on all prospective tenants.
Application To proceed to rent one of our properties, you will have to complete our simple online application forms and upload some ID information.
You will then receive a Holding Deposit Agreement and pay a Holding Deposit of one weeks' rent within our online portal.
The holding deposit will be used as part of the first rent payment upon signing the tenancy agreement.
The Holding Deposit Agreement will give you details of the circumstances that could lead to your holding deposit becoming non-refundable, as per the terms of the Tenant Fees Act 2019.
Material Information Whilst every care has been taken to prepare these particulars, they are for guidance purposes only.
All measurements are approximate and are for general guidance purposes and they should not be relied upon. Potential tenants are advised to recheck the measurements.
The Agent of the North Andrew Craig is The Agent of the North and as Chartered Surveyors we can help you with all your Residential and Commercial property needs.
Sales, Conveyancing, Lettings, Property Management, Surveys and Valuations. Call now on
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors 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 Fairfield Road, West Jesmond
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