3-bedroom flat · NE6 5LQ
For saleReduced £20k (−10.3%) on 3 OctListed 192 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
To the market we offer this stunning 3 or 4 bedroom mid terraced house/maisonette which is centrally located on the popular Chillingham road.
The property benefits from a kitchen/dining area, a new bathroom/WC, freshly painted and new carpet to stairs. This has been a fantastic rental property with a rental income of £13,200 per annum.
An ideal investment opportunity.
The Property comprises of:- entrance hall - UPVC door to front, inner half glazed door, lino flooring, double radiator, understairs cupboard x2, wired smoke alarm kitchen/dining room 3.2 x 3.1 - Kitchen island breakfast bar area, base units in magnolia, stainless steel sink unit, built in electric oven, built in induction hob, grey vertical radiator, wallpaper to 1 wall, lino flooring, combi central heating boiler, UPVC double glazed window to rear.
Utility 1.9 x 3.1 - Base and wall units in beech, black speckled laminate worktops, stainless steel sink unit, lino flooring, plumbed for washing machine, UPVC double glazed window x2 to rear, UPVC door to rear.
1st floor living room (or bedroom 4) 4.4 x 3.8 - Laminate flooring, single radiator, picture rail, cornice ceiling, UPVC double glazed bay window to front.
Bedroom 1) 3.1 x 3.1 - Laminate flooring, single radiator, UPVC double glazed window to rear, original cast iron fireplace.
Bedroom 2) 3.7 x 4.5 - Laminate flooring, original cast iron fireplace, built in cupboard, picture rail, double radiator, UPVC double glazed window to rear.
Bedroom 3) 2.2 x 3.2 - Laminate flooring, single radiator, UPVC double glazed window to front.
Bathroom/WC 2.0 x 2.0 (x 1.0 x 0.9) - New panelled bath with shower mixer tap, shower screen, plastic half clad walls, new vanity base unit, low level WC, grey vertical radiator, lino flooring, UPVC double glazed windows x2.
Heating - Combi Ideal gas central heating boiler. Double glazing - UPVC double glazing throughout. External - Private yard to rear. Tenure - Freehold.
Viewing - By appointment with Ron Breen Estate Agents.
Disclaimer - the above details are believed to be correct but no warranty or representation is given or made as to their accuracy and they shall not form any part of any contract.
Prospective purchasers are advised to check their accuracy as no liability or responsibility can be accepted by either this company or any member of staff in providing this information.
The property is offered subject to contract, all room sizes are from A sonic tape, accuracy cannot be guaranteed.
When owners are considering your offer they will require as much relevant information as possible, in order to obtain this information, you will BA asked to call into the office to discuss the details with A negotiator and to fill in the anti-money laundering forms which are required by law.
All further terms and conditions can be found on terms and conditions page at Ron Breen Estate Agents Website
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 256, Chillingham Road, Newcastle upon Tyne
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