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6 bed fine living property for sale Newcastle Upon Tyne NE2 3BY, NE2

Asking price

£565,000

Added on 26/09/2026

Type: Fine Living Property
Bedrooms: 6
Bathrooms: 2
Tenure: Ask agent; 967 years left(from the agent's description)

No ground rent (peppercorn) Council tax Band B £1,977 a year

* From the agent's description. Check it with them before you rely on it.

Key features

6-bedroom HMO maisonette
Approx 8.5% yield
Central Jesmond location ideal for students
Council tax band: B
Currently tenanted - Achieving £155 per room per week - £48,360 per annum
EPC RATING D
Peppercorn Lease - 999 years from 11 March 1994

About this property

A remarkable 6-bedroom HMO maisonette, which offers student accommodation. Situated in a sought-after location, the property provides easy access to local amenities and public transport links, making it an ideal consideration for investors. There is a reception room, kitchen, 2 bathrooms and 6 well proportioned bedrooms. This property is currently tenanted, achieving an income of £48,360 per annum, which makes it an attractive and profitable investment opportunity. The EPC rating of this house is D, and it falls within council tax band B. We invite you to seize this opportunity to own a high-potential investment property in a prime location.

Council tax

Band B £1,977 a year

Per year

Band A

£1,695
Band B

This home: £1,977
Band C

£2,260
Band D

£2,542
Band E

£3,107
Band F

£3,672
Band G

£4,237
Band H

£5,084

This home is in band B, which costs £1,977 a year in Newcastle upon Tyne for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Newcastle upon Tyne, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Location

Newcastle Upon Tyne NE2 3BY, NE2

Open map Street View

Mortgage and stamp duty

Property price £565,000

£282k £848k

Deposit10% £57,000

£0 £565k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £508,000 mortgage. Most lenders would want a household income of about £113,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
72, Fairfield Road Flat / maisonette	Flat / maisonette	Dec 2024	657 sq ft £385/sq ft	657 sq ft	£385	£253,000
65, Fairfield Road Flat / maisonette	Flat / maisonette	May 2024	624 sq ft £328/sq ft	624 sq ft	£328	£205,000
74, Fairfield Road Flat / maisonette	Flat / maisonette	Apr 2023	1,141 sq ft £237/sq ft	1,141 sq ft	£237	£270,000
31, Fairfield Road Flat / maisonette	Flat / maisonette	Aug 2022	829 sq ft £265/sq ft	829 sq ft	£265	£220,000
41, Fairfield Road Flat / maisonette	Flat / maisonette	May 2022	689 sq ft £264/sq ft	689 sq ft	£264	£182,000
68, Fairfield Road Flat / maisonette	Flat / maisonette	May 2021	753 sq ft £218/sq ft	753 sq ft	£218	£164,000
69, Fairfield Road Flat / maisonette	Flat / maisonette	Sept 2020	667 sq ft £230/sq ft	667 sq ft	£230	£153,500
22, Fairfield Road Flat / maisonette	Flat / maisonette	Apr 2020	n/a	n/a	n/a	£165,000