7-bedroom terraced house · NE2 2NE
To rentListed 11 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This stunning, refurbished 7 bedroom house on Cavendish Place is a must see property for a group wanting to be in the most popular student area of Jesmond.
There is a separate lounge and a large open-plan kitchen/diner To the front of the property is a large communal lounge with bay window and fireplace, comfortable corner sofa, coffee table and wall mounted TV.
A really great area for socialising with your housemates. The hallway leads on to a spacious white high gloss kitchen with dining area with a large table and eight chairs.
The kitchen is well equipped with dishwasher, microwave, washing machine and tumble dryer.
There are in total, 4 bathrooms/ toilets spread throughout the property for convenience, with a toilet located on each floor.
All 7 bedrooms are large doubles and are all furnished with double beds, wardrobe, desk, chair and drawers. The property has a private yard to the rear which can park up to 3 cars.
Cavendish Place is a perfect location for students wanting to be right in the centre of Jesmond and just a short walk to university.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Jesmond, Newcastle Upon Tyne, NE2
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