7-bedroom terraced house · NE2 2LX
To rentReduced £182 (−3.4%) on 29 OctListed 13 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This 7 bed house is an excellent example of a large Jesmond house suitable for modern student living.
The property has a large separate lounge of over 20m square, a great place for communal socialising.
The kitchen is at the back of the property and is fitted with microwave, dishwasher and ample fridge/ freezer space. There is also plenty of cupboard space for all housemates to use.
At the back of the kitchen is a utility area with washing machine and tumble dryer. There are 3 bathrooms/ toilets throughout the property located on the first and second floors for convenience.
One including a shower cubicle and the other a bath, and 2 separate toilets. All bedrooms are doubles, and are fully furnished with double bed, wardrobe, drawers and desk, perfect for student living.
To the front of the property there is a small garden and to the rear a large private yard with plenty of space for a seating area.
The property is an excellent example of modern student living in Jesmond and an early viewing is highly recommended.
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 Jesmond, Newcastle Upon Tyne, NE2
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