2-bedroom house · NE2 4DH
For saleListed 153 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Prices from *£295,000* Bradley Hall is thrilled to present this superb two bedroom apartment, set within the highly regarded Jesmond Assembly development by Pegasus Homes — one of the most sought-after retirement communities in the North East, designed exclusively for those aged 60 and over and located in the heart of one of Newcastle's finest residential neighbourhoods.
Rarely does a two bedroom apartment of this calibre come to market within a development of this type, and the additional space it affords makes a truly meaningful difference.
Whether you are welcoming family and friends in comfort, creating a dedicated home office or hobby room, or simply appreciating the luxury of room to breathe, the second bedroom adds a flexibility that residents quickly come to treasure.
Throughout the apartment, the quality of finish is immediately apparent — contemporary interiors, premium materials, and a layout that has been thoughtfully designed for comfortable, independent living.
The kitchen and living areas flow beautifully, and the whole property feels like a home that has been built to be lived in and enjoyed.
Jesmond Assembly's communal spaces further enhance life here, with a stylish residents' lounge, landscaped gardens, and an active social programme that fosters a genuine sense of community.
The development is managed attentively by Pegasus Homes, ensuring it is consistently maintained to the high standard residents expect and deserve. Beyond the development, Jesmond speaks for itself.
It is one of the North East's most consistently popular addresses — full of independent character, excellent amenities, and a warmth that makes it feel like a true community.
With Jesmond Metro Station less than 100 metres away, Newcastle city centre is just a short ride down the line, and Central Station and the airport are equally within effortless reach.
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
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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