7-bedroom house · NE2 1PD
To rentListed 21 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
18 Springbank Road set in the highly sought-after Sandyford area of Newcastle is an attractive 7-bedroom property ideal for 2nd or 3rd year students.
18 Springbank Road boasts 7 well-furnished double bedrooms with double beds, desk and chair and plenty of storage for your belongings.
This large 7-bedroom property also has great communal space including an expansive kitchen with high quality appliances and a dinner table to socialise with your housemates over dinner, a big shared living room complete with a flat screen tv and really comfortable seating, making this the perfect home to live in with friends.
Living in 18 Springbank Road means you can look forward to relaxing and unwinding in a comfortable bedroom at the end of a long day, or make the most of the great communal spaces and socialise and have fun!
Located on Springbank Road is convenient as it is only one minute away from the nearest bus stop.
The property is only 15 minutes by foot to The University of Northumbria and just a 2-minute walk to the closest supermarket.
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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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 18, Springbank Road, Newcastle
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