2-bedroom flat · NE2 3DB
To rentListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available September 2025 | £1,250 per month | Hive Estates presents to the rental market a fantastic two bedroom flat in the sought after area of Jesmond!
There is a welcoming entrance which leads to the open plan lounge, that comes with a comfortable corner leather sofa.
The kitchen is fitted and comes fully equipped, with electric oven, gas hob, washing machine and dishwasher plus free standing fridge/freezer. There are two equal sized rooms which come furnished.
A super stylish bathroom can be found to the rear of the property with black fittings and bath/shower over. Externally there is a yard and on street permit parking.
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 7, Forsyth Road, Newcastle Upon Tyne
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