2-bedroom terraced house · NE2 4LQ
Listing removedListed 93 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sought after brand new development. Luxury fully furnished 2 bedroom house.
Ideally located at the top of Richardson Road, next to the Dental and Medical Schools and 10 minute walk to Newcastle University Campus and City Centre.
Property Features Newly decorated and modernised throughout Oak doors and woodwork throughout 42" Wall Mounted LCD Samsung Smart TV included Gas Central Heating vie efficient Combi boiler Fully Alarmed and Double Glazed throughout New energy efficient LED lighting throughout New fitted kitchen with fridge freezer, oven & washing machine Large living room with new leather sofas and unique LED feature lighting Dining Area with Table and Chairs included within Living Room 2 large bedrooms fully furnished with wardrobe, chest of drawers, desk, chair, bed, and bedside table Newly fitted shower room Council Tax Band: A or Exempt (subject to full student occupation) Holding Deposit (to reserve the property): £286 ( total for property ), £143 each.
EPC Rating: C
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
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FAQ
About Ancrum Street, Newcastle Upon Tyne
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