8-bedroom terraced house · NE2 2NB
To rentListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This eight-bedroom terraced house is available to rent in Jesmond, Newcastle upon Tyne.
Devonshire Place is close to local shops and regular public transport links, with convenient access towards Newcastle city centre and the city’s universities.
The furnished accommodation includes an entrance hallway, a living area, kitchen/diner, two bedrooms and a shower room on the lower level.
There are a further six bedrooms, a bathroom and a separate WC upstairs. Bedrooms shown include beds, wardrobes, drawers and desks.
The kitchen has fitted wood-effect units, black worktops, tiled splashbacks, an oven, gas hob, extractor hood, fridge-freezer, dishwasher and washing machine.
The shower room shown has a shower enclosure and pedestal basin. Rent: £6,413.33 pcm. Deposit: £4,000. Available from 2 July 2027. EPC rating: D.
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 2NB
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