2-bedroom flat · NE2 1TP
To rentListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***PLEASE BE AWARE APPLICATIONS TO VIEW THIS PROPERTY MUST BE MADE ONLINE.
THE CITY & SUBURB PROPERTY TEAM WILL NOT BE ABLE TO ASSIST WITH VIEWING REQUESTS MADE OVER THE PHONE*** City and Suburb are delighted to welcome this fantastic two-bedroom apartment on Granville Road, Jesmond back to the rental market.
The flat has a spacious and bright living area with comfortable leather sofas, a well-equipped kitchen with integrated fridge freezer, washing machine and dishwasher.
A modern combi boiler provides the heating and hot water to the property. The master bedroom is spacious with large wardrobes and an en-suite shower room. The second bedroom is also a good size.
The second bathroom in the flat has a shower over the bath. The flat is located in a lovely white brick building that occupies a corner plot in a very popular location.
There is off-street parking for the residents at the block as well as a permit scheme for on-street parking. In addition, the apartment is only a short walk away from Jesmond Metro Station.
***PLEASE BE AWARE APPLICATIONS TO VIEW THIS PROPERTY MUST BE MADE ONLINE. THE CITY & SUBURB PROPERTY TEAM WILL NOT BE ABLE TO ASSIST WITH VIEWING REQUESTS MADE OVER THE PHONE***
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 Granville Road, Jesmond, Newcastle upon Tyne, Tyne and Wear, NE2 1TP
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