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See how verdicts work2-bedroom flat · NE2 4DE
Sold STCReduced £20k (−15.4%) on 25 OctListed 107 daysAuction 30 Jul · ended
Opportunity summary
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About
*** LOWER GROUND FLOOR APARTMENT - TWO BEDROOMS - GRADE II LISTED - CITY CENTRE LOCATION - NO UPPER CHAIN - GAS CENTRAL HEATING - PRIVATE FRONT DOOR - SHARED COURTYARD TO REAR - AUCTION GUIDE PRICE - £130,000+ *** For Sale By Auction LIVE ONLINE AUCTION 30th July 2026 OPTION 2 Offered with no upper chain is this Spacious Grade ll Listed, Two Bedroom Lower Ground Floor Apartment situated in Victoria Square, Newcastle.
The property is close to all local amenities, schools, universities (Northumbria & Newcastle), shops, industrial, medical, leisure facilities with excellent transport links to the A1 & A19 and within walking distance to the city centre.
The accommodation briefly comprises: entrance lobby accessed via private front door, entrance hall, spacious lounge overlooking the shared courtyard to rear, kitchen (with a range of integrated appliances), two good sized bedrooms, bathroom and separate w.c.
Externally there is a shared courtyard to the rear. The property benefits from gas central heating. EPC Rating: D Viewing of this property is essential to appreciate the accommodation and location.
Please contact our Wallsend Office to make arrangements to view. Disclaimer 1 None of the services have been tested. Measurements, where given, are approximate and for descriptive purposes only.
Boundaries cannot be guaranteed and must be checked by solicitors prior to exchanging contracts.
The details are provided in good faith, are set out as a general guide only and do not constitute any part of a contract.
No member of staff has any authority to make or give representation or warranty in relation to this property.
For sale by auction see Disclaimer 2 Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence.
The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell.
The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer.
Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000+vat (total £2400) Auction Administration Fee.
At your request we can refer you to a North East based Solicitor from our panel.
It is your decision whether you choose to deal with them, should you decide to use them you should know that we would receive a referral fee of £120 including Vat from them for the recommendation.
Disclaimer 3 A copy of the title is available upon request, we recommend all potential buyers take legal advice, satisfy their requirements on all matters and have finance in place prior to purchase.
Entrance Lobby With double glazed entrance door, tiled floor, door leading into entrance hall.
Entrance Hall With coving to ceiling, laminated flooring, central heating radiator, power points, doors leading to both bedrooms, lounge, bathroom and communal rear hall which gives access into the shared courtyard.
Lounge approx 14' 8'' at widest x 13' 1'' at widest (4.47m x 3.98m) Spacious lounge with sash window to rear, central heating radiator, spotlights to ceiling, power points, t.v aerial point, doors leading into kitchen and separate w.c.
Lounge additional image Kitchen approx 9' 9'' at widest x 4' 6'' at widest (2.97m x 1.37m) Fitted with a good range of white floor and wall units with work surfaces, stainless steel sink and drainer unit, built in electric oven and gas hob with stainless steel extractor hood over, part tiled walls, tiled floor, integrated fridge and washing machine, central heating radiator, power points, spotlights to ceiling, windows to rear and side.
Bedroom One approx 13' 11'' at widest x 10' 3'' at widest (4.24m x 3.12m) Situated at the front of the property with sash window, central heating radiator, coving to ceiling, power points, spotlights to ceiling.
Bedroom Two approx 13' 1'' at widest x 8' 3'' at widest (3.98m x 2.51m) Situated at the front of the property with sash window, central heating radiator, coving to ceiling, power points.
Bathroom Fitted with a white two piece suite comprising bath with shower over, pedestal wash hand basin, part tiled walls, heated towel rail, spotlights to ceiling.
Separate w.c With low level w.c, wash hand basin, central heating radiator, two windows to side, tiled floor, wall mounted Main boiler.
Externally Externally there is a shared courtyard to the rear with gated access to the rear lane.
EPC Rating: D A full version of the Energy Performance Certificate is available upon request.
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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

FAQ
About Victoria Square, Jesmond, Newcastle Upon Tyne
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