3-bedroom flat · NE4 9AA
Let agreedListed 108 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Not available until September 2026 We are delighted to present this attractive three-bedroom upper flat for rent, situated Wingrove Avenue, Fenham.This residential rental property provides a spacious living environment, blending functionality and comfort to create the perfect home.
Upon entering the property, you will find a welcoming reception room, filled with natural light, lending to an inviting atmosphere ideal for both entertaining and tranquil relaxation.
The three generously-sized bedrooms offer ample space for personalisation, ensuring every member of the household has their own personal retreat.
The property also boasts a well-appointed bathroom, replete with modern fixtures and fittings. The functional layout of the property ensures ease of movement and a balanced distribution of space.
Further notable features include double glazed windows, ensuring warmth and quiet, in addition to gas central heating throughout the flat, ensuring a cosy atmosphere during the colder months.
This upper flat offers the unique blend of comfortable city living within Fenham, a location renowned for its community spirit, well-kept green spaces, and variety of amenities.
Conveniently situated, this property is within striking distance of a number of local shops, educational institutions, and transport links, making it a perfect choice for a wide range of tenants.
Don't miss out on this opportunity to lease this fantastic property. We welcome interested parties to arrange a viewing through Pattinson Estate Agents at your earliest convenience.
This home is sure to attract a host of potential renters, thanks to its prime location, great layout, and welcoming atmosphere.
Tenant Referencing Criteria: Pattinson will undertake referencing checks on all applicants over the age of 18 wishing to move into a rental property.
As part of this process, we will undertake: - A credit check to ensure each applicant does not have any adverse credit such as CCJs (County Court Judgements).
- An affordability assessment to ensure applicant's income will sufficiently cover the rental payments.
- To pass the affordability check, each applicant's gross annual basic income (including benefits and pensions) must be at least 30 times the monthly rental amount (36 times for Ellinson properties).
Eg If the rent is 500 pcm, applicants would need to earn 15,000 as an annual pension or basic salary (excluding commission/bonus) before tax or other deductions were made.
- Each applicant's affordability is assessed individually against the criteria. - Self- will require an accountant's reference and should have accounts for a minimum of two years.
Net profit will be assessed against the affordability requirement of 30 times the monthly rental amount. - Employment checks to confirm your start date, salary and if your position is permanent.
- Homeownership checks (only if you are a homeowner) confirming your mortgage payments are up to date.
- A Landlord reference (if you are currently residing in rented accommodation) confirming you have abided by the terms of the lease.
This will check that the rent was paid on time and in full, there was no antisocial behaviour and the property was looked after in an appropriate manner. - Right to rent' id checks.
If you do not meet the requirement, you will require A homeowner guarantor. Council Tax Band: A Deposit: 975.00 Length of Tenancy: 6 months Entrabce Hall Stairs to first floor.
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 264, Wingrove Avenue, Newcastle upon Tyne
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