Summary - 43 FAIRFIELD ROAD WEST JESMOND NEWCASTLE UPON TYNE NE2 3BY
3 bed 1 bath Flat
Investment-ready flat with established rental income and long lease.
Tenanted until 8 Sep 2026, generating £19,446 pa
Peppercorn leasehold: 999 years from 1 Oct 1984
Compact 603 sq ft three-bedroom upper flat
EPC rating C; mains gas central heating
Shared rear yard; on-street parking only
Solid brick construction; assumed no insulation
Single bathroom; limited living space for families
Recommend mining search due to regional history
This upper Tyneside flat offers a compact three-bedroom layout with immediate rental income and long lease security. Currently tenanted until 8 September 2026, it produces an annual income of £19,446 (period 11.9.25–8.9.26), making it a straightforward income-producing purchase for an investor or landlord.
The property occupies circa 603 sq ft across a traditional mid-terrace built c.1900–1929. Accommodation includes a living room, modern fitted kitchen, three bedrooms and a single bathroom/WC with shower. The EPC is rated C and the home benefits from mains gas central heating, double glazing and fibre broadband.
Practical points to note: the flat is leasehold (peppercorn, 999 years from 1 October 1984) with a shared rear yard and on-street parking. The building is solid brick with assumed no cavity insulation, and a local mining search is recommended given regional history. This is a compact property in a cosmopolitan, student-dominated neighbourhood — good for consistent rental demand but limited for owner-occupiers seeking larger living spaces.
Overall this is a clear, low-management investment: established tenancy, healthy yield at the asking price, and scope for modest cosmetic improvement to increase capital value or rental returns. Buyers should factor in standard maintenance, confirm mining-search implications, and budget for any insulation or upgrading works if thermal performance is to be improved.
2 bedroom flat for sale in Forsyth Road, Newcastle Upon Tyne, NE2 — £185,000 • 2 bed • 1 bath • 819 ft²
2 bedroom flat for sale in Tavistock Road, Jesmond, Newcastle Upon Tyne, NE2 — £190,000 • 2 bed • 1 bath • 743 ft²
3 bedroom apartment for sale in Osborne Terrace, Jesmond, Newcastle upon Tyne, NE2 — £210,000 • 3 bed • 1 bath • 1013 ft²
2 bedroom flat for sale in Forsyth Road, Jesmond, Newcastle upon Tyne, NE2 — £175,000 • 2 bed • 1 bath • 715 ft²
9 bedroom terraced house for sale in Devonshire Place, Jesmond, Newcastle Upon Tyne, NE2 — £675,000 • 9 bed • 3 bath • 2278 ft²
2 bedroom flat for sale in Tavistock Road, Jesmond, Newcastle Upon Tyne, NE2 — £200,000 • 2 bed • 1 bath • 638 ft²
