5-bedroom house · NE2 3LJ
Sold STCListed 71 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hive Estates present to the market this excellent investment opportunity to acquire a five bedroom house on Lyndhurst Avenue in the highly sought after area of Jesmond.
Currently let and generating an annual rental income of £25,999.68, the property offers an attractive gross rental yield of 6.93%, making it an ideal student investment.
The property offers four well sized bedrooms, a spacious lounge featuring exposed wooden floorboards and a modern fully fitted kitchen with cream cabinets, wood effect worktops, grey laminate flooring and integrated appliances.
The well proportioned bathroom includes white patterned half-height wall tiles, a bath, separate shower enclosure, wash basin and WC.
Neutrally decorated throughout, the property benefits from exposed floorboards across the bedrooms and living areas, creating a practical and appealing accommodation layout ideally suited to the student rental market.
Lyndhurst Avenue is ideally positioned for access to Newcastle city centre and the city's universities, while Jesmond's wide range of shops, bars, restaurants and amenities are all within easy reach.
With strong rental appeal and an established income, this represents an attractive addition to any investment portfolio.
Lounge (4.30 x 4.40 (14'1" x 14'5")) Kitchen (2.25 x 3.35 (7'4" x 10'11")) Dining Room (2.60 x 3.35 (8'6" x 10'11")) Bedroom 1 (4.40 x 3.80 (14'5" x 12'5")) Bedroom 2 (4.35 x 3.35 (14'3" x 10'11" )) Bedroom 3 (4.35 x 4.21 (14'3" x 13'9")) Bedroom 4 (3.40 x 2.40 (11'1" x 7'10")) Study (3.20 x 2.25 (10'5" x 7'4")) Bathroom (2.40 x 3.30 (7'10" x 10'9"))
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 23, Lyndhurst Avenue, Newcastle Upon Tyne
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