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8 bed fine living property for sale Newcastle Upon Tyne NE2 3LH, NE2

Offers in Excess of

£880,000

Added on 26/09/2026

Type: Fine Living Property
Bedrooms: 8
Bathrooms: 3
Size: £401 per sq ft
Tenure: Ask agent

Council tax Band D £2,542 a year

Key features

1. HMO house - 8 Bedrooms
2. Investment Opportunity
3. Current rental income - £167.50 pppw (£69,680 pa) until 03/07/2027
4. Three bathrooms
5. EPC RATING C
6. Freehold
7. Council Tax Band D
8. 7.9% Yield

About this property

A fabulous opportunity to purchase this substantial house situated on Osborne Road, within the heart of Jesmond, close to local cafes, restaurants and shops and within walking distance of West Jesmond Metro station. This is a turnkey investment which is ideal for both new and experienced investors looking for an immediate return without further costs. The property currently operates as a fully licensed HMO which is Newcastle City Council Accredited & has a compliant EPC Rating C.

Council tax

Band D £2,542 a year

Per year

Band A

£1,695
Band B

£1,977
Band C

£2,260
Band D

This home: £2,542
Band E

£3,107
Band F

£3,672
Band G

£4,237
Band H

£5,084

This home is in band D, which costs £2,542 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.

Price guide

This home (approx.)

£401 / sq ft

Area average (sold)

£289 / sq ft

Price per area, sold homes nearby

£199 / sq ft

£401 / sq ft

£391 / sq ft

Lowest

This home

Highest

About £401 per sq ft, above 9 in 10 recent sales in NE2 (£199–£391, 10th–90th percentile, 431 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 431 homes sold in NE2 over the last 24 months. This home's figure uses its asking price and a floor area matched from the EPC register, so it is approximate. All sold £/sq ft in NE2 →

Location

Newcastle Upon Tyne NE2 3LH, NE2

Open map Street View

Mortgage and stamp duty

Property price £880,000

£440k £1.3m

Deposit10% £88,000

£0 £880k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £792,000 mortgage. Most lenders would want a household income of about £176,000 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
207, Osborne Road Terraced	Terraced	Jul 2023	1,453 sq ft £292/sq ft	1,453 sq ft	£292	£425,000
201, Osborne Road Flat / maisonette	Flat / maisonette	Oct 2021	1,163 sq ft £143/sq ft	1,163 sq ft	£143	£166,000
207, Osborne Road Terraced	Terraced	Jun 2018	1,453 sq ft £196/sq ft	1,453 sq ft	£196	£285,000
201, Osborne Road Flat / maisonette	Flat / maisonette	Jul 2012	1,163 sq ft £121/sq ft	1,163 sq ft	£121	£140,830
205, Osborne Road Terraced	Terraced	Jul 2011	1,905 sq ft £157/sq ft	1,905 sq ft	£157	£300,000
195, Osborne Road Terraced	Terraced	Jul 2009	1,894 sq ft £140/sq ft	1,894 sq ft	£140	£265,000
219a, Osborne Road Terraced	Terraced	Aug 2007	624 sq ft £264/sq ft	624 sq ft	£264	£165,000
203, Osborne Road Terraced	Terraced	Nov 2006	1,927 sq ft £145/sq ft	1,927 sq ft	£145	£280,000