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See how verdicts work4-bedroom flat · NE2 1HR
Listing removedListed 72 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hive Estates present to the market this excellent investment opportunity to acquire a four bedroom maisonette on Wolseley Gardens in the popular area of Jesmond.
Currently let and generating an annual rental income of £19,759.68, the property offers an attractive gross rental yield of 7.6%, making it an ideal student investment.
The property features four well sized bedrooms, a spacious lounge and a fully fitted kitchen with two tone cabinets, wood effect worktops, grey laminate flooring and integrated appliances.
There are also two bathrooms, one fitted with a bath and the other with a shower, both finished with white wall tiles and grey laminate flooring.
Neutrally decorated throughout with grey carpeting to the bedrooms and living areas, the property offers well-proportioned and practical accommodation ideally suited to the student rental market.
Situated in a highly sought after student location, Wolseley Gardens provides easy access to Newcastle city centre, local universities, shops, bars and restaurants, making this an appealing addition to any investment portfolio.
Lounge/Diner (4.45 x 3.85 (14'7" x 12'7")) Kitchen (4.40 x 2.40 (14'5" x 7'10")) Bedroom 1 (4.20 x 3.85 (13'9" x 12'7")) Bedroom 2 (3.10 x 2.30 (10'2" x 7'6")) Bedroom 4 (2.80 x 3.25 (9'2" x 10'7")) Bedroom 5 (2.80 x 3.25 (9'2" x 10'7")) Study (2.65 x 2.30 (8'8" x 7'6")) Bathroom (2.00 x 2.35 (6'6" x 7'8")) Shower Room (1.55 x 1.40 (5'1" x 4'7"))
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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 26, Wolseley Gardens, Newcastle Upon Tyne
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