1-bedroom flat · NE5 2QH
Listing removedListed 58 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this beautifully presented furnished room available within a quality house share on tranquil Ovingston Grove, set in the sought-after NE5 neighbourhood of Newcastle upon Tyne.
Ideal for professionals seeking contemporary comfort and convenience, this ground floor room offers peace and privacy, benefitting from thoughtfully designed communal areas complemented by tasteful furnishings throughout.
Positioned within easy reach of key amenities, residents enjoy effortless links to Newcastle city centre via efficient bus services and major routes, with local shops and supermarkets just a short stroll away for everyday essentials.
Enjoy a vibrant culinary scene courtesy of nearby West Road’s parade of eateries and cafes, or unwind at expansive open spaces such as Denton Dene Park - perfect for leisurely walks or outdoor activity.
Frequent commuters will appreciate quick access to Newcastle Central Station, as well as main road links including the A1 and A69 for seamless travel beyond the city.
This spacious house share comprises inviting living areas, a modern shared kitchen, and well-appointed shared bathroom facilities, all maintained to a high standard.
All bills, including council tax (Band A), utilities, and broadband are included for easy budgeting and a hassle-free living experience.
The property is overwhelmingly suited to working tenants and is available for both short or long-term arrangements, with a minimum contract of eleven months providing flexibility and security.
For those seeking a comfortable, all-inclusive lifestyle in a welcoming residential environment, this home is not to be missed.
Arrange your viewing today and discover the comfort and convenience of life on Ovington Grove.
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
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FAQ
About OG, Ovington Grove, Newcastle upon Tyne
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