NE15Newcastle upon Tyne

Gosforth & Jesmond Borders

Gosforth & Jesmond Borders investment guide. Average gross yield 4.9%, landlord's market rental demand.

4.9%avg gross yield

£166kavg sold price (450 sales, 12mo)

Landlord's marketrental demand

Article 4: No· Permitted development applies

Last updated May 2026

Average Gross Yield

4.9%

+4.9% vs Newcastle upon Tyne avg (0.0%)

Average Asking Price

£166,402

high confidence (450 sales)

Est. Monthly Rent

£808

2-bed · 3-bed £1,045 · 6.5% yield

Price Per Sq Ft

£210

Estimated Rent by Bedroom Count

Average asking rent and gross yield per bedroom count in NE15

1-bed

£599

per month

6.6% yield

2-bed

£808

per month

6.5% yield

3-bed

£1,045

per month

6.5% yield

4-bed

£1,353

per month

5.6% yield

Ownership mix

NE15 vs UK average · 21,633 dwellings · Source: ONS Census 2021

Distinct tenure mix: 16% privately rented (btl) (4pp lower than the UK average of 20%).

Owned outrightNo mortgage on the property

33.6%(UK 32.9%)

+0.7pp vs UK

Owned with mortgageIncluding shared ownership

29.4%(UK 29.7%)

-0.3pp vs UK

Privately rented (BTL)Private landlord or letting agent

16.2%(UK 20.3%)

-4.1pp vs UK

Socially rentedCouncil or housing association

20.8%(UK 17.1%)

+3.7pp vs UK

Black tick = UK average. ONS Census 2021, TS054 (Tenure of household).

Yield by Property Type

Gross yield breakdown across property types in NE15

PropertyData.co.uk

Type	Gross Yield	Avg Price	Avg Rent/mo
Terraced →	7.7%	£141,870	£913
Semi-detached →	6.6%	£169,257	£925
Detached →	4.0%	£316,132	£1,064
Flat →	12.8%	£81,728	£874

Explore by strategy

Live data for each property type across Newcastle upon Tyne.

HMO Terraced Semi-detached Detached Flats Student lets New build Strategy primers →

About Gosforth & Jesmond Borders (NE15, Newcastle upon Tyne)

NE15 attracts property investors seeking affordable entry points with solid yields above 4.9%. The area offers a balanced mix of Victorian terraces and modern properties at an average asking price of £166,402, making it accessible for portfolio builders and first-time landlords alike.

Tenants here are predominantly young professionals and families, with particularly strong demand for one and two-bedroom properties (both yielding 6.5-6.6%). The landlord's market conditions indicate consistent rental demand, though three-bedroom properties command good rents at £1,045 monthly, suggesting family lettings remain viable.

Four-bedroom properties show a notably lower yield at 5.6%, suggesting potential oversupply or limited demand in the larger family market. Investors should conduct thorough local research on tenant turnover rates and maintenance costs, as yields can be sensitive to void periods in this competitive segment.

Sold Price Trend - NE15

Average sold price, last 8 quarters

-0.3% over 2 years

Flip Activity - NE15

Same property bought and sold within 18 months, last 24 months

→ vs prior 24 months

Flips

last 24 months

Median uplift*

+61.0%

after HPI adjust

Median hold

12 mo

Flip rate

0.3%

of all sales

Recent case studies

neptune road

Terraced

Bought May 24

£122k

Sold Apr 25

£175k

11 mo+33.3%*

Gross 43.4%

richard browell road

Semi

Bought Dec 23

£85k

Sold Dec 24

£157k

12 mo+77.3%*

Gross 84.1%

earls drive

Semi

Bought Jan 23

£140k

Sold May 24

£225k

16 mo+61.0%*

* Real uplift after ONS regional House Price Index adjustment. Freehold and leasehold included; leasehold flips flagged as lease-extension status is not verifiable from public data. Source: HM Land Registry Price Paid Data.

Planning & Licensing - NE15

Restrictions that affect HMO and buy-to-let investors in this postcode district

✓

Article 4 Direction (HMO)Not in effect

HMOs of up to 6 occupants (C4 use class) can be created without planning permission in this area.

✓

Selective LicensingNot in effect

✓

Additional HMO LicensingNot in effect

Article 4 directions cover parts of Newcastle upon Tyne. The exact street-level coverage varies — confirm with the council before exchanging.

Planning information is for guidance only. Always verify with the local planning authority before purchasing. Data correct as of April 2026.

Nearby Postcodes