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

Asking price

£525,000

Added on 26/09/2026

Type: Fine Living Property
Bedrooms: 6
Bathrooms: 2
Tenure: Ask agent; 960 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

7.5 % Yield
Buy To Let Property
Council tax band: B
EPC RATING D
Leasehold - 999 years from 22 May 1987
Peppercorn ground rent
Rented until Summer 2027 - Achieving £43,680 per annum

About this property

Attention Buy to Let Investors! We welcome to the market this well positioned 6 bedroom maisonette situated in the heart of Jesmond. Currently tenanted until Summer 2027 achieving £43,680pa.

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 3HT, NE2

Open map Street View

Mortgage and stamp duty

Property price £525,000

£262k £788k

Deposit10% £53,000

£0 £525k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £472,000 mortgage. Most lenders would want a household income of about £105,000 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
7, Myrtle Grove Flat / maisonette	Flat / maisonette	Sept 2025	775 sq ft £297/sq ft	775 sq ft	£297	£230,000
13, Myrtle Grove Flat / maisonette	Flat / maisonette	Jun 2025	1,238 sq ft £230/sq ft	1,238 sq ft	£230	£285,000
30, Myrtle Grove Flat / maisonette	Flat / maisonette	Oct 2023	818 sq ft £299/sq ft	818 sq ft	£299	£245,000
22, Myrtle Grove Flat / maisonette	Flat / maisonette	Sept 2023	797 sq ft £339/sq ft	797 sq ft	£339	£270,000
13, Myrtle Grove Flat / maisonette	Flat / maisonette	Jun 2023	1,238 sq ft £190/sq ft	1,238 sq ft	£190	£235,000
50, Myrtle Grove Flat / maisonette	Flat / maisonette	Aug 2022	732 sq ft £295/sq ft	732 sq ft	£295	£216,000
56, Myrtle Grove Terraced	Terraced	Feb 2022	452 sq ft £392/sq ft	452 sq ft	£392	£177,000
33, Myrtle Grove Flat / maisonette	Flat / maisonette	Aug 2021	829 sq ft £265/sq ft	829 sq ft	£265	£220,000