6-bedroom terraced house · NE2 2NE
To rentListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
£160PPPW - Superb six bedroom terraced house available to rent on Cavendish Place, Jesmond.
Due to its fantastic location it is always extremely popular with the students, with plenty of bars, restaurants and shops all on your door step.
There are also great transport links in the area, with West Jesmond Metro Station only a few minutes’ walk away. The property has six double bedrooms, all fully furnished with bed, desk and wardrobe.
The attic has recently benefited from a stunning attic conversation which must be seen. The spacious lounge comes complete with two large leather sofas and a feature fireplace.
The kitchen offers a lot of space and provides all the appliances, including washer/dryer and dining table & chairs.
There are fantastic facilities with three shower rooms and a separate WC which goes above and beyond the standard for a property of this type. Gas central heating and uPVC double glazing throughout.
**All property descriptions are assumed correct at time of publication.
Any reference to property details, specifications or other inclusions are subject to change and may be altered at any given time.***
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 Cavendish Place, Newcastle Upon Tyne
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