4-bedroom terraced house · NE6 5NU
For saleListed 61 days
Opportunity summary
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About
GREAT LOCATION, PERIOD FEATURES & NO ONWARD CHAIN!
Situated close to Newcastle City Centre, this four-bedroom Victorian mid-terrace is ideally located on the south backing side of Cardigan Terrace, Heaton.
Cardigan Terrace, a stones-throw from the delightful Heaton Park is also only a short walk from the shops and amenities on Heaton Road with its cafes, restaurants and transport links into the City Centre and beyond.
Having been owned by the current family since 1938 and purpose built over three floors and boasting over 1,400 Sq ft, the accommodation briefly comprises: entrance lobby through to entrance hall with stairs to first floor and under-stairs storage cupboard; sitting room with walk in bay, feature fireplace and ornate cornice; dining room with feature fireplace; kitchen with fitted units, work surfaces, dual windows and rear door access to the yard.
The split level first floor landing gives access to; two bedrooms, bedroom one a full width room measuring 17ft with feature fireplace; bathroom, a shower room and separate WC.
The second floor landing with sky light gives access to; a further two bedrooms with sky lights and bedroom one also with dormer window.
Externally, a front town garden with mature planting and dwarf wall and to the rear, an enclosed south facing yard with wall boundaries and gated access to the service lane.
The property also benefits from having rental history and could be purchased as a buy to let, a great investment opportunity.
Victorian Mid-Terrace | 1,444 Sq ft (134.2m2) | Four Bedrooms | Sitting Room | Dining Room | Kitchen | Bathroom | Shower Room | WC | Front Town Garden | Enclosed South Facing Rear Yard | No Onward Chain | Freehold | Council Tax Band B | Rental History | Investment Opportunity | EPC: Rating D
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
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FAQ
About Cardigan Terrace, Heaton, Newcastle upon Tyne
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