4-bedroom house · NE6 5DA
To rentListed 21 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
4-Bedroom House on Spencer Street, Newcastle | Ideal for Students Located in the heart of Newcastle's popular residential area, this 4-bedroom, 1-bathroom house at Spencer Street is perfect for a group of students seeking a well-located, comfortable living space.
Offering modern amenities and close proximity to local conveniences and transport links, this house provides the perfect combination of affordability and convenience.
Key Features: 4 Double Bedrooms: Each bedroom is fully furnished with a bed, wardrobe, and desk, making it ideal for studying and relaxing in privacy.
1 Modern Bathroom: The house features a well-maintained bathroom with a bath, shower, basin, and WC, designed to offer comfort and ease for all residents.
Spacious Living Area: The comfortable living room is perfect for socialising, unwinding after a long day, or enjoying time with housemates.
Fully Equipped Kitchen: The kitchen comes with modern appliances, including a fridge-freezer, oven, hob, microwave, dishwasher, and washer dryer, making everyday life convenient.
Natural Light and Airy Atmosphere: The house benefits from large windows, allowing plenty of natural light to fill the rooms, creating a bright and welcoming atmosphere.
Clever Layout: This house's smart layout maximises space and comfort, providing plenty of room for shared living without compromising individual privacy.
Spread Your Budget Further: At Bread and Butter Collective, we make renting affordable and straightforward.
We don't take damage deposits or charge agency fees!Your rent is inclusive of all utilities (gas, electric, water and internet), subject to a fair usage policy.
Some providers advertise a weekly rent that doesn't include bills.
To help you compare like for like, our research suggests that utilities for this property would typically cost around £29 per person per week if you paid for them yourself.
Our rent includes bills, so you won't need to pay this on top. This figure is only a guide for comparison and isn't the amount of your rent that goes towards utilities.
Local Area: Spencer Street: This property is located in a lively area that offers a wide range of local shops, cafes, and restaurants, ensuring everything you need is close at hand.
Parks and Green Spaces Nearby: Take advantage of nearby Heaton Park and Jesmond Dene for outdoor activities, jogging, or relaxing with friends in a peaceful environment.
Excellent Transport Links: Spencer Street is well-connected by public transport, with easy access to bus routes and metro stations that allow quick commuting around Newcastle and beyond.
Proximity to Universities: This house is well-suited for students attending: Newcastle University: Located a short distance from the university, making it convenient for students commuting to and from campus.
Northumbria University: With quick and easy access to public transport, this house is also ideal for Northumbria University students. Book Your Viewing Today!
See the property for yourself and secure your new student home. By visiting our website directly, you can book yourself a viewing - breadandbuttercollective.co.uk.
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors 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
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About 102 Spencer Street NE6 5DA
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