5-bedroom house · NE6 5PL
To rentListed 123 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
61 Malcolm Street situated in the highly sought-after Heaton area of Newcastle is a spacious 5 bedroom property, perfect for a group of university friends to let next year.
61 Malcolm Street boasts 5 completely furnished bedrooms with double beds, room to study and lots of storage for your belongings.
This comfortable 5 bedroom property also offers extremely generous communal spaces including, a large kitchen with the most modern appliances and a dining table for shared meals, and a really comfortable living room boasting a great flat screen tv and sofas, ensuring you have lots of space to enjoy the property with your housemates and friends.
Living in 61 Malcolm Street ensures you will have a property with a comfortable and well-equipped bedroom to study and rest, plus unbeatable communal spaces to socialise and relax in after a hard day on campus.
Located in the Heaton area of Newcastle, 61 Malcolm Street Is well located for students at both The University of Northumbria and Newcastle University.
The property is only 29 minutes by foot to The University of Northumbria and just a 28 -minute walk to Newcastle University.
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 61, Malcolm Street, Newcastle
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