2-bedroom flat · NE2 3NT
To rentReduced £50 (−3.8%) on 10 OctListed 48 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available Now | £1400 per month | Hive Estates presents to the market this two bedroom ground floor flat in High West Jesmond.
Located minutes from Ilford Road Metro with transport links to the city centre.
Situated within walking distance to the Town Moor, Jesmond Dene and both Jesmond and Gosforth high streets where there is an abundance of cafes, shops and restaurants.
Upon entering the property there is a light porch area leading to a stylish hallway painted a rich blue.
From the hallway there is a spacious master bedroom with original features such as coving and a ceiling rose.
There is a second bedroom to the rear of the property which has a large window looking onto the private yard.
Central to the flat there is a light living room with wood effect flooring and stylish built in storage into an alcove.
From the living room there is a a timeless kitchen with cream fronted cabinetry, wood effect work tops which blend seamlessly with the cabinet ends.
The splash-back is grey metro tiling there is an integrated fridge freezer, large gas hob and heated floors.
A partially glazed door gives access onto the private rear yard which has secure storage units.
From the kitchen there is a modern shower room with walk in shower, stone coloured tiling on the walls, a heated towel rail and a sink and WC combination unit, benefiting from heated floor throughout.
Living Room (4.30 x 3.75 (14'1" x 12'3")) Kitchen (2.80 x 2.40 (9'2" x 7'10")) Bathroom (1.35 x 2.40 (4'5" x 7'10")) Master Bedroom (3.90 x 4.15 (12'9" x 13'7")) Second Bedroom (3.20 x 2.60 (10'5" x 8'6")) Hallway (3.71 x 2.60 (12'2" x 8'6")) Porch (1.00 x 1.19 (3'3" x 3'10"))
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 60, Newlands Road, Newcastle Upon Tyne
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