1-bedroom flat · NE2 4DH
For saleListed 150 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*Prices from £250,000* Bradley Hall is delighted to present this outstanding one bedroom apartment, forming part of the prestigious Jesmond Assembly development by Pegasus Homes — an exclusive retirement community designed for independent living for those aged 60 and over, set in one of Newcastle's most celebrated and well-connected neighbourhoods.
The apartment itself is beautifully appointed throughout, combining a clean, contemporary aesthetic with a practical and well-considered layout.
High-quality finishes are evident at every turn, and the living space feels genuinely comfortable and homely — a property that has been designed with real care for the people who will live in it.
Residents of Jesmond Assembly benefit from an impressive range of on-site facilities, including a welcoming residents' lounge, beautifully maintained communal gardens, and a varied social programme — all managed to an excellent standard by the Pegasus Homes team, whose reputation in this sector speaks for itself.
The development occupies a truly exceptional position in Jesmond — a neighbourhood that consistently ranks among the most desirable places to live in the North East.
A vibrant high street, independent cafés and restaurants, well-stocked local shops, and open green spaces are all within easy walking distance, offering a quality of day-to-day life that is genuinely hard to match.
Transport connections are a particular highlight of this address.
Jesmond Metro Station sits less than 100 metres from the development, placing Newcastle city centre just seven minutes away and offering swift, direct access to Central Station and Newcastle International Airport — making travel effortless, whether for leisure, visiting family, or simply enjoying everything the city has to offer.
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 JOURNEY TIME COMPARISON - City centre: ~7 mins — Metro — 2 stops - Central Station: ~10 mins — Metro — direct - Airport: ~28 mins — Metro — no changes - Ponteland: ~8 miles — Approx.
20 mins by road - Morpeth: ~15 miles — Approx. 25 mins by road
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
Agent & docs
FAQ
About Jesmond Assembly, Jesmond, NE2
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