2-bedroom flat · NE2 2BP
For saleListed 270 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern two-bedroom flat on the third floor of a purpose-built development in Jesmond, Newcastle upon Tyne, ideal for first-time buyers and investors.
The property offers an open-plan kitchen and reception room, featuring French doors opening to a Juliet balcony, providing a pleasant outlook and good natural light.
The kitchen area is designed for practical everyday use, flowing directly into the living and dining space.
The flat is served by a lift to all floors and benefits from security code access to the building. Residents parking is available. There are two double bedrooms.
The main bedroom includes an en-suite shower room, while the second double bedroom features built-in wardrobes. A further bathroom provides additional facilities and incorporates built-in storage.
Jesmond is a sought-after residential area, well known for its range of local amenities along Osborne Road and Acorn Road, including cafés, restaurants, and independent shops.
There are nearby schools and green spaces, with Jesmond Dene offering woodland walks and open areas within easy reach. Public transport links are strong.
Jesmond and West Jesmond Metro stations are both accessible, providing services into Newcastle city centre in around 5–10 minutes and onwards to the coast, the Airport and other parts of Tyneside.
Regular bus routes also operate along nearby main roads, connecting to the wider region. The property has an EPC rating of B and falls within Council Tax Band C.
Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Electric Broadband: Fibre Mobile Signal Coverage Blackspot: No Parking: Communal 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.
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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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 14 Connaught Mews, Newcastle Upon Tyne
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