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See how verdicts work4-bedroom flat · NE2 1HR
Listing removedListed 73 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hive Estates are delighted to present this excellent investment opportunity to acquire a well proportioned four bedroom maisonette on Wolseley Gardens, situated in the highly sought after area of Jesmond.
Currently let and generating an annual rental income of £19,752, the property offers an attractive gross rental yield of 7.6%, making it an appealing addition to any investment portfolio and particularly well suited to the student rental market.
The property provides spacious and practical accommodation throughout, comprising four well sized bedrooms, a generous lounge, a fully fitted kitchen and two bathrooms.
The kitchen features wooden shaker style units, grey worktops, a blue tiled splashback, grey laminate flooring and a range of integrated appliances.
Two bathrooms provide added convenience, with one fitted with a bath and the other with a shower, both finished in a neutral style.
Neutrally decorated throughout, the property benefits from grey carpeting across the bedrooms and living areas, creating a clean and practical finish well suited to student tenants.
The well-proportioned layout offers a comfortable balance of communal and private living space, while the property also benefits from a private garage, providing valuable additional storage and parking.
Wolseley Gardens is ideally positioned for access to Newcastle city centre and the city's major universities, while a wide range of shops, bars, restaurants and local amenities are all within easy reach.
With an established rental income, strong gross yield and highly desirable student location, this is a fantastic opportunity for investors seeking a ready-made student property in Jesmond.
Lounge/Diner (4.30 x 3.60 (14'1" x 11'9")) Kitchen (3.00 x 2.30 (9'10" x 7'6")) Bedroom 1 (5.80 x 3.10 (19'0" x 10'2")) Bedroom 2 (4.35 x 3.60 (14'3" x 11'9")) Bedroom 3 (3.10 x 2.30 (10'2" x 7'6")) Bedroom 4 (2.75 x 2.30 (9'0" x 7'6")) Bathroom (1.90 x 2.40 (6'2" x 7'10")) Shower Room (2.00 x 1.40 (6'6" x 4'7"))
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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
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FAQ
About 43, Wolseley Gardens, Newcastle Upon Tyne
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