3-bedroom semi-detached house · NE28 9JX
To rentListed 9 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Signature North East are delighted to welcome to the rental market this well-presented three-bedroom semi-detached home, ideally situated on Alexandra Way in Wallsend.
The property is ideally positioned for access to a range of local shops, schools and everyday amenities, while excellent transport links and nearby major road networks provide convenient access to Newcastle upon Tyne and the wider North East.
This attractive home offers a fantastic opportunity for tenants seeking a well-connected location with comfortable living space. Upon entering, you are greeted by a handy ground floor W.C.
The modern kitchen/diner offers ample space for a dining table and flows seamlessly through double doors into the bright and spacious living room.
The living room provides plenty of room for furnishings and features patio doors opening onto the rear garden, creating an ideal space for relaxing or entertaining.
Upstairs, there are three bedrooms, with the main bedroom benefiting from fitted wardrobes and space for additional furniture.
The family bathroom completes the accommodation, fitted with a bath, overhead shower, W.C. And hand basin. Available December 2026 on an assured rolling periodic tenancy agreement.
Council Tax Band: B tenancy application fees: To reserve this property, a refundable holding deposit of one week's rent is required, on move in, this will be deducted from your first month’s rent.
A damage deposit for the property is compulsory and is equivalent to 5 week's rent.
Notice regarding free standing gas & electric appliances: Any free-standing appliances shown on photographs or present on viewings may not be included in the tenancy.
Please obtain confirmation in writing from our office as to the inclusion of any appliances which you require included within the tenancy, before you proceed with an application for any property.
Living Room (4.51 x 3.51 (14'9" x 11'6")) Kitchen / Diner (4.18 x 3.54 (13'8" x 11'7")) Wc (1.45 x 0.98 (4'9" x 3'2")) Bedroom One (4.51 x 2.96 (14'9" x 9'8")) Bedroom Two (2.99 x 2.57 (9'9" x 8'5")) Bedroom Three (2.04 x 1.95 (6'8" x 6'4")) Bathroom (2.57 x 1.67 (8'5" x 5'5"))
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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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 24, Alexandrea Way, Wallsend
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