1-bedroom flat · NE2 1HL
For saleReduced £5k (−2.7%) on 17 SepListed 84 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hive Estates is delighted to present this beautifully appointed top-floor apartment, ideally situated in the highly sought-after location of Jesmond Vale.
Set within a secure end-terraced conversion, this charming apartment is full of character, featuring exposed brickwork, original beams, and a stylish interior throughout.
The open-plan living and kitchen area creates a bright and spacious environment, perfect for both relaxing and entertaining.
The contemporary kitchen is fully fitted with integrated appliances, offering both practicality and a sleek finish.
The generously sized bedroom is carpeted for added comfort and benefits from excellent built-in storage.
Completing the accommodation is an impressive fully tiled bathroom, featuring a stunning freestanding bath, a separate walk-in shower with a striking black Arezzo shower screen, and high-quality modern finishes.
Externally, the property benefits from free on-street parking, while the beautiful Jesmond Dene is just a short walk away, offering picturesque green spaces, riverside walks, and easy access to the vibrant amenities of Jesmond and Newcastle city centre.
This exceptional apartment is an ideal purchase for first-time buyers, professionals, or investors seeking a unique home in a prime location.
Lounge/Diner (4.60 x 3.48 (15'1" x 11'5")) Kitchen (2.00 x 2.60 (6'6" x 8'6")) Bedroom (3.20 x 3.52 (10'5" x 11'6")) Bathroom (3.40 x 3.65 (11'1" x 11'11" )) Dressing Area (2.40 x 2.35 (7'10" x 7'8"))
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 12B, Granville Gardens, Newcastle Upon Tyne
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