5-bedroom house · NE4 9AB
Listing removedReduced £435 (−18.2%) on 21 JunListed 262 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
£110PPPW - Refurbished to a very high standard, this 5 bedroom HMO property available in Fenham, west of Newcastle City Centre, is available with a flexible start date.
This property is a full terraced house with five large double bedrooms, spacious lounge, separate kitchen with a range style cooker, one full bathroom and one en suite shower room with W/C.
There is ample storage throughout. The property also has a private rear yard and benefits from on street parking.
Each bedroom is carpeted and boasts modern furniture consisting of double bed, bedside cabinet, wardrobe, chest of drawers and a desk and chair.
There is a brand new sofa and table and chairs in the lounge which is finished with a large wall mounted TV The property is a short walk away from a wide variety of local shops and supermarkets, as well as further shops found on Westgate Rd.
The area is well served by local buses and only a short walk away from both Newcastle and Northumbria University. **All property descriptions are assumed correct at time of publication.
Any reference to property details, specifications or other inclusions are subject to change and may be altered at any given time.
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 265, Wingrove Avenue, Newcastle Upon Tyne
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