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See how verdicts work3-bedroom flat · NE2 3BY
For saleListed 7 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale – a three bedroom flat in Jesmond, ideally placed for amenities and local transport.
Currently tenanted in a sought-after area, this three bedroom flat represents an appealing opportunity for investors looking for a well-located property in Newcastle upon Tyne.
Set within a traditional terraced building, the flat offers a neutrally decorated interior.
The reception room is a generous, bright space with a large front window, neutral walls and carpet, providing a practical area for sofas, media unit and dining table.
The separate kitchen has modern fitted units, integrated oven and hob, and space for further appliances, with a window bringing in good natural light.
There are three bedrooms, all carpeted and shower room. EPC rating D and Council Tax band B.
The flat is in a prime Newcastle location, well placed for the cafes, shops and restaurants of Jesmond and Sandyford, with Jesmond Dene and Exhibition Park offering attractive green space nearby.
Newcastle city centre is within easy reach for extensive shopping, nightlife and both universities, enhancing rental appeal.
Public transport links are strong: Jesmond and West Jesmond Metro stations provide frequent services into Newcastle Central Station, the coast and Sunderland, with journeys to the city centre typically around 5–10 minutes.
There are also regular bus routes along nearby main roads.
Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Mains gas central heating Broadband: Fibre to premises Mobile Signal Coverage Blackspot: No Parking: On street permit parking mining The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.
Confirmation should be sought from a conveyancer as to its effect on the property, if any.
Aml charge for buyers - Please note that the aml fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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 advisers 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
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FAQ
About Fairfield Road, Newcastle Upon Tyne
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