1-bedroom house · NE28 7PR
No longer listedListed 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** AVAILABLE NOW ** DOUBLE EN-SUITE ROOM ** HIGH SPEC PROFESSSIONAL HOUSE SHARE ** ALL BILLS INCLUDED ** Cloud Estates are excited to present this large en-suite room within a six bed professional house share on Richardson Street, Wallsend.
The property is ideally located within walking distance to Wallsend Metro Station and only a 15 minute commute to Newcastle City Centre.
The property briefly comprises of; a spacious living room with modern interior and a fully equipped kitchen including a washing machine, separate dryer and a breakfast bar.
There are two double bedrooms on the ground floor - one with an ensuite and another with a private off-suite bathroom.
On the first floor, there are four more ensuite bedrooms that are all fully furnished with bed, mattress, bedside table, chest of drawers and wardrobe.
Further benefits include gas central heating, double glazing and plenty on-street parking. Please contact Cloud Estates for a viewing!
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 Double En-Suite Room, Richardson Street, Wallsend
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