2-bedroom flat · NE2 1TQ
To rentListed 54 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Currently undergoing refurbishment - ready to move in no later than 4th September A spacious 2-bedroom property currently undergoing refurbishment, with finishing works being completed to provide a fresh and comfortable home ready for its new tenants.
Property Features2 good-sized bedroomsLarge reception roomModern bathroom with shower over bathSeparate WCRefurbishment currently underwayFresh, clean finish throughoutReady no later than 4th SeptemberUpdated photographs will be added once the new carpets have been fitted.
This property will be finished to a high standard and is ideal for tenants looking for a freshly refurbished home. Enquiries and viewings welcome. Contact us today for further information.
** This property is being marketed using our Landlord Direct service, where the landlord manages enquiries themselves. If you have a question about the property, simply use the enquiry button (e.g.
"Request details" or "Email agent") and your message will be sent directly to the landlord. **
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 Jesmond, Granville Road, Newcastle upon Tyne
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