6-bedroom flat · NE2 3HT
To rentListed 2 days
Opportunity summary
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About
Jesmond, a vibrant and picturesque suburb of Newcastle upon Tyne in the United Kingdom, is a coveted location for students seeking an enriching academic and social experience.
Student life in Jesmond is a harmonious blend of academic rigor, recreational opportunities, and a strong sense of community.
Here's a glimpse into the unique student life in Jesmond: Academic Excellence: Jesmond is home to some of the finest educational institutions, including Newcastle University and Northumbria University.
Students living in Jesmond have easy access to these institutions, making it a hub for academic achievement. The serene environment of the suburb provides an ideal backdrop for focused study.
Cosmopolitan Vibe: Jesmond is known for its cosmopolitan atmosphere, with students from diverse backgrounds coming together to create a dynamic and multicultural community.
This cultural diversity enriches the overall student experience, allowing for a wide exchange of ideas and perspectives.
Amenities Galore: Jesmond offers a range of amenities catering to the student population.
From cozy cafes and bustling bars to quirky boutiques and grocery stores, students can find everything they need within walking distance.
Osbourne Road, in particular, is a popular destination for its restaurants and nightlife.
Green Spaces: Jesmond Dene, a tranquil and lush valley, provides students with a much-needed escape from the academic grind.
Its beautiful walking trails, woodlands, and the iconic Armstrong Bridge offer a serene setting for relaxation and outdoor activities.
Community Engagement: The residents of Jesmond take pride in their community, and students are encouraged to actively engage.
Local events, charity initiatives, and neighborhood associations create opportunities for students to give back and build lasting connections.
Transportation: Jesmond's strategic location ensures that students can easily navigate the city and beyond.
The Jesmond Metro station connects the suburb to the city center and other parts of Newcastle, making it convenient for students to explore the region.
Sports and Recreation: The Jesmond Sports Centre offers a range of facilities for students to stay active and healthy.
Additionally, Jesmond is close to both Leazes Park and Exhibition Park, where students can enjoy outdoor sports, picnics, and open-air events.
Student Housing: Jesmond offers a variety of student accommodation options, from shared houses to purpose-built student apartments.
This diverse range of housing ensures that students can find a comfortable and affordable place to call home during their studies.
Cultural Attractions: Jesmond is not only known for its academic institutions but also for its proximity to cultural attractions like the Great North Museum and the Ouseburn Valley, where students can explore art, history, and music.
Safety and Well-being: The neighbourhood's safety, well-lit streets, and a strong sense of community make Jesmond an ideal place for students to live and study, knowing they are in a secure environment.
In essence, student life in Jesmond is a well-rounded experience that combines academic rigor with a rich social life, offering a nurturing and supportive environment for students to learn, grow, and create lasting memories.
Photos are to demonstrate the specification of this property.
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 (£160pppw) Myrtle Grove, Newcastle Upon Tyne, Tyne and Wear, NE2 3HT
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