2-bedroom house · NE1 5EJ
To rentListed 222 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Accommodation comprises:- Entrance to sitting/dining room and fitted kitchen with white goods, access to the first level double bedroom with large walk in storage cabinet and shower room/WC.
Stair to upper level 2nd double bedroom and tiled bathroom with bath and shower. High ceilings, huge windows in the lounge, nicely furnished and equipped.
Carpeted throughout, leather settees, central heating. Parking on 24/7 basis available at the ARENA car park. No animals, or smokers accepted. AVAILABLE in March 2026 on 12 month tenancy.
Viewing highly recommended. Tax Band "B".
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
Agent & docs
FAQ
About Bewick House,Bewick Street,City Centre,Newcastle Upon Tyne,NE1
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