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See how verdicts work3-bedroom flat · NE6 5LW
For saleListed 15 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hive Estates is delighted to present this beautifully renovated three bedroom lower Tyneside flat, perfectly positioned in the heart of Heaton one of Newcastle’s most vibrant and sought-after neighbourhoods.
With modern interiors, generous proportions, and excellent local amenities. Tenantsa in situ, generating £14,040 per annum, representing a gross rental yield of 7.80%.
Step into a spacious open-plan living and kitchen area, finished to a high standard with grey laminate flooring and sleek contemporary décor.
The kitchen is both stylish and functional, boasting grey shaker-style cabinetry, black laminate worktops, integrated oven and hob, and a chic breakfast bar – ideal for casual dining and entertaining.
The master bedroom is bright and airy, featuring a stunning bay window that floods the space with natural light.
All three bedrooms are generously sized with neutral tones and plush grey carpeting, offering comfort and flexibility for a variety of living arrangements.
The bathroom combines bold black and white tiles with modern feature cladding, a walk-in shower, vanity unit, and basin.
A separate WC with an additional basin is conveniently located under the stairs. To the rear, a shared yard provides an outdoor space perfect for relaxing or socialising in warmer months.
Located just moments from Heaton’s bustling high street, residents enjoy easy access to independent cafes, shops, restaurants, and excellent transport links to both the city centre and coast.
Lounge (4.40 x 3.75 (14'5" x 12'3")) Kitchen (1.85 x 2.30 (6'0" x 7'6")) Bedroom 1 (2.45 x 4.42 (8'0" x 14'6")) Bedroom 2 (3.45 x 2.45 (11'3" x 8'0")) Bedroom 3 (3.25 x 2.35 (10'7" x 7'8")) Shower Room (1.85 x 2.02 (6'0" x 6'7"))
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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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
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FAQ
About Tosson Terrace, Newcastle Upon Tyne
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