4-bedroom terraced house · NE2 1HQ
Listing removedListed 81 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Let Direct NE are delighted to bring this well presented 4 bedroom maisonette to the rental market.
Located in Jesmond, this property allows easy access to local shops and amenities, Newcastle city centre, and is within walking distance of Jesmond Dene. Available from October 2026.
Briefly comprises of Lounge, kitchen, fully tiled modern Bathroom with walk in shower and 4 Double Bedrooms. Property benefits from gas central heating, double glazing and yard to the rear.
Council Tax Band B. EPC rating D. Holding deposit: £311.53
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
Agent & docs
FAQ
About Grosvenor Gardens, Newcastle upon Tyne, Tyne and Wear, NE2
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