1/6

3 bed property for sale Newcastle Upon Tyne NE2 3DR, NE2

Asking price

£240,000

Added on 15/10/2026

Bedrooms: 3
Bathrooms: 1
Tenure: Ask agent

Council tax Band B £1,977 a year

Key features

Close to public transport links into the City Centre, Airport and Coast
Council tax band: B
Currently tenanted achieving £110pppw (£1430pcm)
EPC RATING D
On street permit parking/ Private parking in rear yard with locked garage door
Peppercorn Leasehold - 999 years from 22 December 1988
Prime Jesmond location
Three-bedroom upper Tyneside flat

About this property

A three-bedroom upper Tyneside flat on Oakland Road, offering an excellent buy-to-let opportunity in a prime student area close to both universities. Set within a traditional Tyneside terrace, the flat provides a practical layout briefly comprising of; large bedroom to the front with a period marble fireplace surround, two further bedrooms, lounge, well equipped kitchen and bathroom WC to the rear of the property.

Floorplan

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 3DR, NE2

Open map Street View

Mortgage and stamp duty

Property price £240,000

£120k £360k

Deposit10% £24,000

£0 £240k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £216,000 mortgage. Most lenders would want a household income of about £48,000 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
17, Oakland Road Flat / maisonette	Flat / maisonette	Apr 2026	732 sq ft £250/sq ft	732 sq ft	£250	£183,000
22, Oakland Road Flat / maisonette	Flat / maisonette	Feb 2026	775 sq ft £303/sq ft	775 sq ft	£303	£235,000
34, Oakland Road Terraced	Terraced	Oct 2024	764 sq ft £249/sq ft	764 sq ft	£249	£190,000
12, Oakland Road Flat / maisonette	Flat / maisonette	Mar 2023	786 sq ft £255/sq ft	786 sq ft	£255	£200,000
10, Oakland Road Flat / maisonette	Flat / maisonette	Sept 2022	850 sq ft £288/sq ft	850 sq ft	£288	£245,000
45, Oakland Road Terraced	Terraced	May 2022	1,550 sq ft £368/sq ft	1,550 sq ft	£368	£570,000
56, Oakland Road Flat / maisonette	Flat / maisonette	Mar 2022	710 sq ft £253/sq ft	710 sq ft	£253	£180,000
5, Oakland Road Flat / maisonette	Flat / maisonette	Oct 2021	753 sq ft £293/sq ft	753 sq ft	£293	£220,500