5-bedroom flat · NE2 3DU
To rentListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Presenting an exceptional opportunity to let a substantial five-bedroom maisonette, perfectly situated in the vibrant and highly desirable West Jesmond area of Newcastle Upon Tyne.
This expansive property offers an ideal living solution for students or professional sharers seeking comfort, space, and an unbeatable location.
Upon entering, you are greeted by a well-proportioned living space that immediately conveys a sense of home.
The property features a large reception room, providing ample space for relaxation and socialising, making it the heart of this impressive home.
The layout is thoughtfully designed to maximise both privacy and communal living, catering perfectly to the needs of multiple occupants.
The accommodation comprises five generously sized bedrooms, each offering comfortable living quarters. These rooms are bright and airy, providing excellent personal retreats for study or rest.
Complementing the bedrooms are two modern bathrooms, a significant advantage for a property of this size, ensuring convenience and reducing morning queues for all residents.
One of the standout features of this maisonette is its prime West Jesmond location.
Residents will benefit from easy access to a wealth of local amenities, including independent shops, popular cafes, restaurants, and lively bars.
The area is renowned for its excellent transport links, with West Jesmond Metro station just a short walk away, offering quick and direct access to Newcastle city centre, universities, and surrounding areas.
This makes commuting effortless and provides endless opportunities to explore everything Newcastle has to offer.
For those with vehicles, the property benefits from readily available street parking, a valuable asset in such a popular residential area.
This eliminates the hassle of searching for parking, adding to the overall convenience of living here.
This fantastic property is available to let from July, priced at a competitive £145 per person per week. Given its size, location, and amenities, it represents excellent value for money.
Early viewing is highly recommended to fully appreciate the space and quality on offer, as properties of this calibre in West Jesmond are always in high demand.
Do not miss the chance to secure this superb home for the upcoming academic year or for your professional group.
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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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

FAQ
About (£145pppw) Mildmay Road, Newcastle Upon Tyne, Tyne and Wear, NE2 3DU
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