2-bedroom flat · NE2 1ES
For saleListed 51 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two-bedroom retirement flat is offered on a 70% shared ownership basis, providing an accessible route into home ownership for those aged over 55.
Situated in Newcastle upon Tyne, the property benefits from an EPC rating of C and falls within Council Tax Band D.
The flat comprises a reception room, a fitted kitchen, two bedrooms and a bathroom, arranged to offer practical, manageable accommodation on one level.
The setting allows residents to enjoy independent living with the advantage of nearby amenities and transport links.
Newcastle upon Tyne offers an extensive range of shops, cafés, restaurants and cultural venues, with popular areas such as Eldon Square, Northumberland Street and the Quayside accessible by public transport or a short drive.
Green spaces including Exhibition Park and Leazes Park provide opportunities for walking and leisure. Public transport options are strong in this part of the city.
Local bus services connect to Newcastle city centre and surrounding areas, giving access to Newcastle Central Station for mainline services to London, Edinburgh and other major destinations.
The Metro network, with key interchanges at Central Station and Monument, offers convenient travel to the coast, Sunderland and Newcastle International Airport, with city centre journey times typically around 10–15 minutes from many nearby stops.
Overall, this two-bedroom retirement flat for sale provides an affordable and well-located option for over-55s looking to purchase a home in Newcastle upon Tyne with good access to amenities and public transport.
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
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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 advisors before making any investment decisions.
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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 5, Rosebery Place, Newcastle Upon Tyne
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