8-bedroom terraced house · NE2 2NB
No longer listedListed 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious 8 double bedroomed house with astro-turf in the front garden, separate lounge to the front, large fully fitted kitchen, additional utility room, and patio area in the yard make this a house you can't miss!
The communal lounge is furnished with a large corner reclining leather sofa, wall mounted TV and large coffee table, making it a great space for socialising.
The kitchen is spacious and modern and fitted with plenty of cupboard space, 2 electric hobs with oven, microwave, dishwasher and American fridge freezer.
There is a dining table and chairs big enough for all housemates. The separate utility room is a great addition with an extra toilet along with washing machines and tumble dryer.
A door leads to a private outdoor area with patio and seating area. Additionally, there are 3 bathrooms and 4 toilets located throughout the property on all floors for convenience.
All 8 bedrooms are doubles and are furnished with double bed, wardrobe, drawers and desk. There are no small bedrooms!
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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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
FAQ
About Jesmond, Newcastle Upon Tyne, NE2
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