6-bedroom terraced house · NE2 3HT
To rentListed 15 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**£130PPPW** Located in the heart of Jesmond, this well-presented six-bedroom student maisonette on Myrtle Grove set over two floors.
The property features six bedrooms, two bathrooms, living area and kitchem Situated just a short walk from West Jesmond Metro Station, local shops, cafes, and the vibrant nightlife of Osborne Road, this maisonette is ideal for students studying at Newcastle or Northumbria University.
Material Information - Deposit Required: 5 weeks rent Council Tax Band: B Parking: Limited on street, permit
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 Myrtle Grove, Newcastle upon Tyne, Tyne and Wear, NE2
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