8-bedroom terraced house · NE2 4AH
To rentReduced £4 (−0.6%) on 9 AprListed 232 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Renovated throughout, this immaculate 8 bedroom house is literally next door to the medical and dental schools, Everything is brand new in this house and of the highest standard.
Situated on a pretty street in the university conservation area, it is only a five minute walk from Haymarket and to the city centre meaning big savings on taxi, bus and metro fares.
Large modern and open plan 3 large and modern shower rooms There is a secure large back yard which is protected by high walls and is ideal for BB's and summer gatherings.
Full insurance standard locks with individual room locks and high security lock system.
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 Claremont Street,Spital Tongues,Newcastle Upon Tyne,NE2
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