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2-bedroom flat · NE2 2QY
Let agreedReduced £100 (−6.5%) on 3 OctListed 19 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 3017211.
Spacious ground floor flat in sought-after quiet residential area of Jesmond Shared Entrance hall with victorian glass door Separate Lounge looking out onto pleasant front garden .
Two double sofas, antique sideboard, bureau and tables. Large double bedroom with en-suite bathroom - shower/bath, toilet, sink. Antique mahogany wardrobe, chest of drawers and bed.
Double French doors leading to a charming south facing patio with planted borders and external lighting.
Fully fitted kitchen with washer dryer, dishwasher, double fridge freezer, built-in microwave, electric oven and ceramic hob with extractor fan over.
Spacious oak-effect kitchen units with marble worktops. Patio doors to yard. Second bathroom with shower, toilet and sink.
Second bedroom with double bed and chest of drawers Ample under stairs storage cupboard Full Gas central heating. Roadside parking in the street with paid residents' permits.
Rear private parking can be negotiated. Less than 5 minutes walk to excellent local amenities including gym, swimming baths, library and other leisure activities.
Local Waitrose, Tesco and other shops.
The area has many restaurants, bars and coffee shops within easy walking distance as well as the truly unique Jesmond Dene and Town Moor for a breath of fresh air.
The street is leafy and quiet and has a real community feel with many families, young professionals and retirees. Quiet neighbours on either side and upstairs.
Excellent transport links with bus and Metro stations very close by. 20 minutes walk into Newcastle city centre, shopping, universities and hospitals.
Summary & Exclusions: - Rent Amount: £1,550.00 per month (£357.69 per week) - Deposit / Bond: £1,550.00 - 2 Bedrooms - 2 Bathrooms - Property comes furnished - Available to move in from 01 October 2026 - Maximum number of tenants is 2 - No Students - No Smokers - Bills not included - No Parking Available - Property has garden access - EPC Rating: C If calling, please quote reference: 3017211 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
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 Fern Avenue, Newcastle Upon Tyne, NE2
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