1-bedroom flat · NE2 1QX
Listing removedReduced £46 (−5.2%) on 8 JulListed 173 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*Available to rent now* modern and contemporary third floor 21.7sqm studio all bills inclusive (ex. Council Tax, Band A) moments from the Sandyford Road.
Perfect for working professionals and students this studio apartment in this super-popular development has a galley kitchen (oven, electric hob, extractor fan, microwave and fridge/freezer), en suite shower room, desk space – perfect for working from home or studying and great storage solutions for studio living.
Superfast broadband, water and electricity bills are all included in rent as well as the building’s resident-only facilities including: Sky Sports in the cinema room, private dining room, games area, newly refurbished gym, break out/meeting rooms, secure bike storage and smart laundry facilities (additional charges for laundry apply – pay per use).
Secure carded entry to building, 24/7 CCTV around the building and a friendly front of house team and day concierge can store any parcels and deliveries securely for residents to collect later.
Gated, secure off street parking is available at an additional £20 a week.
Upcoming Communal Upgrade Images: Please note: These images are a computer-generated illustration of the property’s planned appearance upon completion of the ongoing refurbishment and may not fully reflect the final finished product.
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Jesmond Apartments, 311, Grantham Road, Newcastle
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