3-bedroom flat · NE2 2JH
To rentListed 3 days
Opportunity summary
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About
Available from 1 July 2027 for the 2027/28 academic year, this furnished three-bedroom flat on Shortridge Terrace is ideal for three students looking to share in Jesmond.
The flat includes a living room with sofa seating and a fitted kitchen, together with three bedrooms and a shared bathroom.
Rent is £1,950 per calendar month, equivalent to £150 per person per week based on three people sharing.
The Full Package bills option costs an additional £31 per person per week, bringing the total to £181 per person per week including gas, electricity, water and broadband. A TV licence is not included.
Please confirm the package terms and any usage allowance with Newcastle Residential before agreeing the tenancy. Contact Newcastle Residential to arrange a viewing for the 2027/28 academic year.
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
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FAQ
About Shortridge Terrace, Newcastle upon Tyne
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