7-bedroom house · NE4 9BS
Let agreedReduced £100 (−5.6%) on 8 AugListed 151 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious and well-presented seven-bedroom Victorian terraced house situated in a popular residential area of Newcastle upon Tyne.
Arranged over three floors, this substantial property offers generous living accommodation, making it an ideal home for large families, professional sharers.
The ground floor comprises a bright front reception room, a generously sized double bedroom with its own en-suite shower room, a spacious dining room, a fitted kitchen, and a separate family bathroom.
The kitchen provides direct access to the enclosed rear yard, which benefits from gated vehicle access, allowing secure off-street parking if required.
On the first floor, there are four spacious double bedrooms.
A family bathroom serves this level, together with an additional separate WC with wash hand basin, providing extra convenience for larger households.
The second floor offers two further attic bedrooms, both providing versatile accommodation suitable as bedrooms, home offices, or study rooms.
Overall, the property provides: * Seven bedrooms * Two reception rooms * Three bathrooms * One additional separate WC * Spacious fitted kitchen * Enclosed rear yard with gated vehicle access * Off-street parking within the rear yard plus unrestricted on-street parking to the front (no parking permit required) Conveniently located on Wingrove Road, the property enjoys excellent access to Newcastle City Centre, both universities, the Royal Victoria Infirmary (rvi), local schools, supermarkets, and a wide range of public transport links.
The area also benefits from numerous local shops and amenities within walking distance.
Early viewing is highly recommended to appreciate the size and flexibility this impressive property has to offer. EPC rating: C.
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 57, WINGROVE ROAD, Fenham
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