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See how verdicts work7-bedroom terraced house · NE2 2SY
Sold STCListed 272 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hive Estates is delighted to present this exceptional Victorian terraced house, on the desirable St George’s Terrace, which has been converted into two investment properties, offering a combined gross rental yield of 7.45%.
The upstairs is a fabulous large 5-bedroom maisonette, with original features and a bay window.
The lower is an incredibly spacious ground floor 2-bedroom garden flat, also with original features and a bay window.
Both properties are tenanted until 2027, ensuring a secure and profitable long-term income with a rental income of £48,400 per annum.
The five-bedroom, two-bathroom maisonette is perfectly suited for students, featuring five equally sized double bedrooms, a spacious full-width living room with a charming bay window and original fireplace, and a modern kitchen with integrated appliances, a tiled floor, and a generous dining area.
The property benefits from two fully tiled bathrooms, each with a bath and separate shower, plus ample on-street parking.
The two-bedroom ground-floor apartment on St George’s Terrace combines period charm with modern convenience.
It boasts a bright and spacious living room with a feature fireplace, a modern fitted kitchen with white goods, and two double bedrooms, including a master with an en-suite.
The main bathroom features a sleek walk-in shower, and ample storage solutions add practicality. The property benefits from a private front garden and a rear yard with parking and an electric door.
With strong rental yields, prime location, and secure tenancy agreements, this pair of high-performing properties presents an unmissable opportunity for investors looking to expand their portfolio Newcastle’s most sought-after areas.
Lounge/Diner (4.70 x 6.16 (15'5" x 20'2")) Kitchen/Breakfast Room (4.65 x 4.00 (15'3" x 13'1")) Bedroom 1 (4.35 x 3.50 (14'3" x 11'5")) Bathroom 1 (2.10 x 2.30 (6'10" x 7'6")) Landing (9.50 x 2.11 (31'2" x 6'11")) Bedroom 2 (3.75 x 2.90 (12'3" x 9'6")) Bedroom 3 (4.80 x 2.85 (15'8" x 9'4")) Bedroom 4 (4.00 x 4.00 (13'1" x 13'1")) Bedroom 5 (4.41 x 3.50 (14'5" x 11'5")) Bathroom 2 (2.75 x 2.40 (9'0" x 7'10")) Landing (11.73 x 2.00 (38'5" x 6'6")) Lounge (4.70 x 4.45 (15'5" x 14'7")) Kitchen (2.80 x 4.00 (9'2" x 13'1")) Bedroom 1 (3.70 x 2.55 (12'1" x 8'4")) Bedroom 2 (2.50 x 3.50 (8'2" x 11'5"))
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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FAQ
About 4A/4B, St George's Terrace, Newcastle Upon Tyne
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