5-bedroom flat · NE2 2RQ
To rentListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Presenting an exceptional opportunity for student living, this substantial five-bedroom apartment is ideally situated in the vibrant and highly desirable Jesmond area of Newcastle Upon Tyne.
Perfectly tailored for student groups, this property combines generous living spaces with an unbeatable location, offering convenience and comfort for academic life.
Upon entering, you are greeted by a well-maintained interior designed to accommodate the needs of multiple occupants.
The property boasts five generously sized double bedrooms, ensuring that each resident enjoys their own private and comfortable space for study and relaxation.
The layout is thoughtfully arranged to maximise both privacy and communal interaction, making it an ideal choice for friends sharing.
Complementing the five bedrooms are two modern bathrooms, a significant advantage for a property of this size, helping to alleviate morning queues and enhance daily convenience.
These facilities are well-appointed and maintained to a high standard.
The apartment also features a dedicated reception room, providing a communal hub for socialising, dining, or unwinding after a day of lectures.
This versatile space offers ample room for comfortable seating and entertainment setups. One of the most compelling aspects of this property is its prime Jesmond location.
Renowned for its lively atmosphere, excellent amenities, and close proximity to Newcastle's universities, Jesmond offers an array of independent shops, cafes, restaurants, and bars, all within easy walking distance.
Transport links are superb, with regular bus services and metro stations nearby, providing quick access to the city centre, university campuses, and beyond.
The area also benefits from beautiful green spaces, perfect for a leisurely stroll or outdoor activities.
Offered at a competitive price of £140 per person per week, this property represents excellent value for money given its size, features, and sought-after location.
It is available to let from July, making it perfectly timed for the start of the new academic year.
Early viewing is highly recommended to secure this fantastic student home, as properties of this calibre in Jesmond are always in high demand.
Contact our estate agent today to arrange a viewing and avoid disappointment.
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
FAQ
About (£140pppw) Grosvenor Road, Newcastle Upon Tyne, Tyne and Wear, NE2 2RQ
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