1-bedroom flat · NE2 1TP
Sold STCListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hive Estates are delighted to bring to the market this stunning one bedroom, second floor apartment in the heart of Jesmond in four storey Victorian building.
Combining beautiful original features, impressive ceiling heights and generous open-plan living space, this exceptional apartment enjoys an unbeatable location, complete with private residents' parking to the front.
A welcoming entrance hall leads through to the open plan living and dining area.
This bright, double aspect space benefits from high ceilings and large windows that flood the room with natural light, creating a wonderful sense of space and character.
The contemporary kitchen sits seamlessly within the living area and features cream cabinetry, marble effect worktops, and a range of integrated appliances, including an oven, hob, fridge freezer and washing machine.
The generously proportioned bedroom is beautifully presented, with soft sage green walls and cream carpets enhancing the light and airy feel.
The stylish bathroom is finished with floor to ceiling neutral tiling and spotlights, and comprises a bath with shower over, wash basin and WC.
Positioned in one of Jesmond's most sought after locations, the apartment is within easy walking distance of Jesmond Metro station, a wide selection of independent cafés, bars and shops, as well as the picturesque Jesmond Dene.
This outstanding apartment would make an ideal first home or a great investment opportunity.
Lounge/Diner - 3.90 x 5.35 (12'9" x 17'6") - Kitchen - 2.60 x 4.00 (8'6" x 13'1") - Bedroom - 4.55 x 4.29 (14'11" x 14'0" ) - Bathroom - 2.55 x 2.00 (8'4" x 6'6") -
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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
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