2-bedroom flat · NE2 2NN
To rentListed 1 day
Opportunity summary
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About
**AVAILABLE NOVEMBER 2026** **STUNNING GROUND FLOOR FLAT** **FURNISHED** This is an exceptional ground floor flat ideally located on Grosvenor Avenue, Jesmond.
Immaculately presented throughout this is an excellent property situated close to Jesmond Dene, the café and restaurant culture of Jesmond as well as good transport links only a short walk away.
Boasting over 900 Sq ft, the accommodation briefly comprises: entrance porch through to entrance hall with under-stairs storage cupboard, spot lighting and stripped wood flooring; lounge to the front with feature fireplace and bay window; two separate double bedrooms, the larger of which with fitted wardrobe space; plush bathroom WC, fully tiled; separate dining room with feature gas fireplace; 14ft kitchen with a range of fitted units together with work surfaces, spot lighting and side door access to the rear yard.
Externally there is a delightful and generous south facing rear yard with wall boundaries, shed and gated access to the rear service lane.
With double glazed windows, gas central heating and on street parking to the front.
Not the standard Tyneside flat layout, this great flat will make a wonderful home for a professional couple or professional sharers alike!
Available 26th November 2026 | £1,350pcm | Furnished | Ground Floor Flat | 903 Sq ft (83.9m2) | Two Double Bedrooms | Dining Room | Lounge | Modern Kitchen | Bathroom WC | Stripped Wood Flooring | Generous South Facing Rear Yard | Period Features | DG & GCH | Great Location | Council Tax Band: B | 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
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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 Grosvenor Avenue, Jesmond, Newcastle upon Tyne
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