2-bedroom flat · NE2 1TP
For saleListed 46 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
With no onward chain, a generous two bedroom conversion located on Granville Road in the heart of South Jesmond Conservation Area.
Within walking distance to Newcastle City Centre, Granville Road, a pretty Victorian terrace, is perfectly placed close to the shops, cafés and restaurants of Jesmond as well as excellent transport links by road and public transport.
The accommodation briefly comprises:communal entrance with secure entry system and stairs to first floor; private entrance hall; kitchen diner with a range of fitted units, work surfaces, breakfasting bar and rear fire escape access; sitting room with feature fireplace; bathroom complete with four piece suite; two bedrooms, bedroom one with walk in bay.
Generous Conversion Apartment | Two Bedrooms | Sitting Room | Kitchen Diner | Bathroom with Four Piece Suite | Leasehold - Share of Freehold with 986 Years Remaining | Service Charge Ad-Hoc | No Onward Chain | Council Tax Band C | EPC: Rating D
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 Granville Road, Jesmond, Newcastle upon Tyne
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