4-bedroom flat · NE6 5ST
Let agreedReduced £50 (−3%) on 9 SepListed 52 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***PLEASE BE AWARE APPLICATIONS TO VIEW THIS PROPERTY MUST BE MADE ONLINE.
THE CITY AND SUBURB TEAM WILL NOT BE ABLE TO ASSIST WITH VIEWING REQUESTS MADE OVER THE PHONE*** City and Suburb is delighted to present this great four bed maisonette located on Rokeby Terrace in Heaton.
It is an ideal base for young professionals or students looking to live in a popular laid back area of the North East, with great transport links to Newcastle City Centre, the Metrocentre and the A1.
The property is located on a highly desirable, residential street and is near several major bus routes, a metro station and has plenty of features that we love.
The property benefits from a good sized, modern, fully fitted kitchen, a bathroom with bath, hand basin and w/c plus a separate shower room.
There are four double bedrooms and a good sized living room with feature wall. We can't emphasise enough how great this property is and what fantastic value for money it represents.
Holding Deposit (per tenancy): One Weeks Rent. This is to reserve a property.
Security Deposit (per tenancy): Equal to One Months Rent This covers damages or defaults on the part of the tenant during the tenancy.
***PLEASE BE AWARE APPLICATIONS TO VIEW THIS PROPERTY MUST BE MADE ONLINE. THE CITY AND SUBURB TEAM WILL NOT BE ABLE TO ASSIST WITH VIEWING REQUESTS MADE OVER THE PHONE***
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 Rokeby Terrace, Newcastle upon Tyne, Tyne and Wear, NE6
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