2-bedroom house · NE15 8DJ
Listing removedListed 84 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Property Talk Management are delighted to bring to the rental market this well-presented two-bedroom mid-terraced home, ideally located in the popular residential area of Gladstone Street, Lemington.
Offering well-proportioned accommodation throughout, this property is perfect for professionals, couples or a small family looking for a home with excellent access to local amenities and transport links.
The accommodation briefly comprises a welcoming lounge and a fitted kitchen. To the first floor are two good-sized bedrooms and a family bathroom.
Externally, the property benefits from a private enclosed rear yard.
Situated within easy reach of local shops, supermarkets, schools and public transport, the property also offers convenient access to Newcastle City Centre, the A1 and the Metrocentre.
**Property currently undergoing some small works including new flooring throughout downstairs and a new bathroom** Council Tax Band: A Deposit: £800 Holding Deposit: £184.61
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 10 Gladstone Street, Newcastle upon Tyne
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