2-bedroom house · NE15 8DP
Listing removedListed 110 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Seven Keys welcome to the market this two bedroom mid terrace home, located in the popular residential area of Lemington, Newcastle Upon Tyne.
The property has recently undergone renovations, including a newly fitted kitchen, new carpets and decorating throughout.
The ground floor is briefly comprising an entrance porch with UPVC front door, leading into the living room, hallway with understairs storage and kitchen.
The kitchen is complete with a number of wall and base units in a hi-gloss finish, integrated oven, gas hob and extractor hood with stainless steel sink with mixer tap.
To the first floor there are two double bedrooms and family bathroom consisting of three piece suite. Bath with overhead shower, pedestal wash basin and low level toilet. Light entered via sky light.
Externally, there is a small gated garden to the front of the property, and a low maintenance yard to the rear with large double gated access for off street parking.
Lemington is an accessible village to the west of Newcastle city centre.
It provides excellent transport links in all directions as well as easy access across the river over the nearby Scotswood Bridge. The A1 and A69 are also close at hand.
Lemington benefits from a range of local services including schools, shops and library, all of which are within easy walking distance of the property.
If you would like to take this property after viewing, you'll need to pay 1 months rent upfront and a deposit of 5 weeks rent. Request your viewing online at .
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
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FAQ
About 13 Eva Street, Newcastle Upon Tyne
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