2-bedroom flat
To rentListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two-bedroom flat is available to rent on Devonshire Place in Jesmond, Newcastle upon Tyne.
The furnished accommodation includes a living area with seating and a dining table, open to a fitted kitchen. The kitchen has a gas hob, oven, extractor hood, sink, fridge-freezer and washing machine.
There are two bedrooms, both shown with a bed, and one bathroom with a bath, shower attachment, wash basin, heated towel rail and WC.
The flat also has an entrance hall, with decorative stained-glass panels visible at the internal entrance.
Devonshire Place is close to Jesmond’s local shops and regular public transport links, with convenient connections towards Newcastle city centre and the universities. Rent: £1,150 pcm.
Deposit: £1,150. Furnished. Available from 24 September 2026. EPC rating: C.
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
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FAQ
About Devonshire Place, Newcastle upon Tyne
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