3-bedroom flat · NE6 5SJ
Sold STCListed 285 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hive Estates presents to the market this thoughtfully decorated three-bedroom Upper Tyneside flat, complete with a generous private rear yard.
The living room is a spacious and cosy reception room, finished with tasteful decor, soft carpeting, and a feature fireplace with a wood effect surround.
Built-in shelving and cabinet space add both character and practicality, while the room comfortably accommodates a dining area, making it ideal for entertaining.
The kitchen is well proportioned and fitted with white cabinetry and complementary neutral worktops, accented by a striking blue tiled splashback.
It benefits from an integrated oven and hob, with ample space for additional freestanding appliances. The master bedroom is a large and light filled room, enhanced by a beautiful bay window.
It features cork flooring, an attractive feature wall with an original working fireplace, and elegant coving and cornicing.
The second bedroom is also generously sized and neutrally decorated, finished with beige carpeting.
The third bedroom offers versatility and would be ideal as a guest room, dressing room, or home office.
The bathroom is located to the rear of the property and is fully tiled floor to ceiling in neutral tones. It is fitted with a bath with shower over, wash basin, and WC.
Externally, the private rear yard provides an excellent outdoor space, currently laid with astro turf and offering access to the rear lane.
It is ideal for entertaining or for those with an interest in gardening.
Situated in the popular area of Heaton, the property benefits from excellent transport links via both bus and Metro, and is conveniently located close to a wide range of independent shops, cafés, restaurants, and bars.
This property would make an excellent first-time purchase or a strong investment opportunity.
Living Room - 4.60 x 3.90 (15'1" x 12'9") - Kitchen - 2.62 x 2.50 (8'7" x 8'2") - Bedroom 1 - 4.36 x 3.90 (14'3" x 12'9") - Bedroom 2 - 3.48 x 2.39 (11'5" x 7'10") - Bedroom 3 - 3.28 x 2.39 (10'9" x 7'10") - Bathroom - 1.82 x 1.61 (5'11" x 5'3") -
Value & comps
No previous sales on record.
Returns
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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 Cartington Terrace, Heaton, Newcastle Upon Tyne
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