4-bedroom flat · NE5 2QD
Listing removedListed 271 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the heart of a well-established residential area, this spacious four-bedroom furnished home on sought-after Ovington Grove, Newcastle upon Tyne, offers generous living for families or professionals seeking comfort and convenience.
This charming property boasts a welcoming layout with an airy, light-filled atmosphere throughout.
Inside, residents will find four comfortable bedrooms-each thoughtfully furnished-to suit a host of requirements.
The main living spaces are arranged to facilitate relaxation and socialising, while the well-equipped kitchen and practical bathroom ensure functionality for everyday living.
One stylish bathroom ties the property's fresh décor together, and practical touches are found throughout. Located in the NE5 postcode, Ovington Grove benefits from a host of local amenities.
Just a short distance away, you'll find a variety of traditional high street shops, supermarkets, and cosy cafes.
The nearby West Road provides excellent connections to Newcastle city centre, with reliable bus routes and speedy road access for commuters.
For those who enjoy the outdoors, attractive green spaces such as Denton Dene Park and Westerhope Park are nearby, ideal for peaceful strolls, family outings, or cycling.
Families will value the proximity to well-regarded local schools, while sports clubs and leisure facilities ensure that recreation is always within reach.
The surrounding area is celebrated for its strong community spirit and welcoming environment. With a council tax band A, this property also makes for sensible budgeting.
The home will be available from early February 2026 on a long-term tenancy, making it perfect for those looking for lasting stability in a vibrant part of Newcastle.
Don’t miss the opportunity to view this superb house-contact us today to arrange your appointment and see all it has to offer.
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 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 276, Ovington Grove, Newcastle upon Tyne
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