2-bedroom house · NE24 2LQ
Listing removedReduced £45 (−6.5%) on 3 JulListed 128 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
New to the rental market | Renwick Road, Blyth Looking for a well-located home with excellent transport links, local amenities and one of This spacious property has recently been refurbished and offers two good-sized bedrooms, a comfortable living area, a private rear yard and is available for immediate move-in.
Freshly updated throughout, the property provides a bright and welcoming living space, making it an excellent choice for professionals, couples or small families looking for a home they can move straight into.
Located in the heart of Blyth, the property offers easy access to Newcastle, Blyth, and Cramlington with local shops, schools and everyday conveniences.
Property Features: • Recently refurbished throughout • Two bedrooms • Private rear yard • Unfurnished • Available immediately • Short walk to Blyth Town centre • Central location • Excellent transport links • EPC Rating C • Council Tax Band A • Rent: £695 pcm Tenant Application Requirements To be considered for this property, applicants must meet the minimum affordability requirement of £1,987 per calendar month, which is calculated at 2.5 times the monthly rent.
All applicants will be required to undergo referencing and pre-tenancy checks, including: • Credit checks • Identity verification • Right to Rent checks • Employment and income verification • Previous landlord references where applicable Please note that acceptance of an application is subject to satisfactory referencing and affordability assessments
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
.png){kind=logo}
FAQ
About 40, Renwick Road, Blyth
Explore nearby
