2-bedroom flat · NE2 4DH
For saleListed 152 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Prices from *£395,000* Bradley Hall is proud to present this truly exceptional two bedroom duplex apartment — without doubt one of the stand-out properties within the acclaimed Jesmond Assembly development by Pegasus Homes.
Arranged across two floors and designed exclusively for those aged 60 and over, this is a rare opportunity to acquire a home that offers the character and space of a private house within the reassurance and community of a beautifully managed development.
Spread over two levels, the duplex offers a natural and highly practical separation between living and sleeping spaces that is simply not achievable in a conventional apartment.
The ground floor living and kitchen areas are open, bright, and genuinely inviting — ideal for entertaining and for everyday life alike.
Upstairs, two well-proportioned bedrooms provide a peaceful and private retreat, with the flexibility to serve as a guest room, home office, or personal sanctuary as your needs dictate.
The quality of finish throughout is impressive, with contemporary materials and a considered design approach that balances modern aesthetics with lasting comfort.
This is a property that will appeal equally to a single occupant seeking space to truly settle in, and to a couple who want to live alongside one another without compromise.
As a resident of Jesmond Assembly, the communal lounges, landscaped gardens, and social calendar are there to be enjoyed at will — and the Pegasus Homes management team ensures the development is consistently maintained to an excellent standard throughout.
The location is, quite simply, one of the finest you will find for a development of this type anywhere in the region.
Jesmond is a neighbourhood of real substance and character — lively enough to be stimulating, refined enough to feel like a privilege to call home.
With Jesmond Metro Station less than 100 metres from the front door, the city centre, Central Station, and the airport are all within straightforward reach, ensuring that independence and connectivity go hand in hand here.
LOCATION & ACCESSIBILITY - Jesmond Metro Station — under 100 metres on foot - Newcastle city centre — 2 stops, approx. 7 minutes by Metro - Newcastle Central Station — approx.
10 minutes by Metro - Newcastle International Airport — approx. 28 minutes by Metro, direct, no changes - Newcastle city centre by road — approx. 2 miles - Ponteland — approx.
8 miles by road, around 20 minutes - Morpeth — approx. 15 miles by road, around 25 minutes
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Jesmond Assembly, Jesmond, NE2
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