2-bedroom flat · NE2 3DL
No longer listedListed 35 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
AVAILABLE 7TH NOVEMBER, TWO BEDROOM, FURNISHED, SECOND FLOOR APARTMENT, EN SUITE FACILITIES, GREAT LOCATION, EPC RATING D, COUNCIL TAX BAND A Mansons are delighted to bring to the rental market this second floor, two-bedroom apartment located in the popular area of West Jesmond, close to local amenities & transport links including West Jesmond Metro Station.
Comprising communal entrance, stairs to first floor, entrance to apartment, stairs to second floor leading into kitchen.
The kitchen provides through access to bedroom two with en suite, and stairs up to the living area with access to bedroom one, also with en suite.
Benefitting from gas central heating and double glazing, viewings are highly recommended to appreciate the layout and location of this property. COMMUNAL ENTRANCE Stairs to first floor.
ENTRANCE TO APARTMENT Stairs to second floor opening into kitchen.
KITCHEN 3.90m ( 12'10'') x 2.19m ( 7'3'') Fitted units with concrete-effect worktops, integrated electric oven, induction hob and free-standing fridge/freezer.
Access to bedroom two and stairs up to living room & bedroom one. LIVING ROOM 5.16m ( 17'0'') x 3.70m ( 12'2'') Eaves storage, dormer window and central heating radiator.
Access to bedroom one and stairs down to kitchen. BEDROOM ONE 4.22m ( 13'11'') x 3.42m ( 11'3'') Skylight, eaves storage, central heating radiator and door to...
EN SUITE ONE Skylight, WC, counter-top basin with storage below, show cubicle with glazed screen and central heating radiator.
BEDROOM TWO 3.40m ( 11'2'') x 3.15m ( 10'5'') Accessed from the kitchen. Built-in storage, central heating radiator, door to...
EN SUITE TWO WC, basin with storage above, corner shower cubicle with glazed screen and towel rail.
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
Agent & docs
FAQ
About Ashleigh Grove , West Jesmond,
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