7-bedroom terraced house · NE2 1PD
To rentListed 16 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
29 Springbank Road situated in the highly sought-after Sandyford area of Newcastle is an attractive 7 bedroom property available for let for the next academic year.
29 Springbank Road offers 7 fully furnished double bedrooms with double beds, room to study and plenty of storage for your belongings.
This spacious 7 bedroom property also boasts fantastic shared spaces including, an expansive kitchen with high quality appliances and a dinner table to socialise with your housemates over dinner, and a really comfortable living room boasting a great flat screen tv and sofas, making this a great social space to enjoy with your housemates and friends.
Living in 29 Springbank Road means you can look forward to relaxing and unwinding in a comfortable bedroom at the end of a long day, or make the most of the great communal spaces and socialise and have fun!
Located in the Sandyford area of Newcastle, 29 Springbank Road Is well located for students at both The University of Northumbria and Newcastle University.
The property is only 19 minutes by foot to The University of Northumbria and just a 22 -minute walk to Newcastle 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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 29, Springbank Road, Newcastle
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