2-bedroom flat · NE2 4LT
To rentReduced £99 (−8.3%) on 14 OctListed 31 days · slow let
Opportunity summary
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About
A well-presented and fully furnished two-bedroom lower ground floor flat, ideally situated in the popular and convenient Spital Tongues area of Newcastle upon Tyne.
The property offers practical and comfortable accommodation with a fresh, neutral finish throughout.
The living room provides a dedicated space for relaxing and comes furnished with a sofa and TV unit.
A separate fitted kitchen features a range of wall and base units, integrated oven and hob, washing machine and a useful dining area with table and chairs. The property has two furnished bedrooms.
The generously proportioned main bedroom provides a double bed and storage furniture, while the second bedroom offers flexible accommodation as a single bedroom, guest room or study space.
Completing the accommodation is a shower room fitted with a shower enclosure, pedestal wash basin and WC.
Situated in Spital Tongues, the property is conveniently positioned for access to Newcastle city centre, as well as the city's universities, hospitals and surrounding amenities.
Its location combines a residential setting with convenient access to the heart of Newcastle, making it suitable for student and professionals.
The property is offered fully furnished and available from 1 October 2026.
Key information: Rent £1,200 per calendar month • Deposit £1,200 • Available 1 October 2026 • Fully furnished • Council Tax Band A • EPC Rating D • Two bedrooms • Lower ground floor • Open plan kitchen with dining area and furnished living room • Shower room • Spital Tongues location • Convenient for Newcastle city centre.
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
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FAQ
About Belle Grove West, Spital Tongues
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