2-bedroom flat · NE6 5BX
No longer listedListed 25 days
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*** The team at City and Suburb are delighted to present this stunning flat to the rental market.
The property is an upper two bed that has undergone full refurbishment, the outcome is superb. There Is plenty of space on offer with an open plan kitchen, dining and living area.
Theres a fabulous bathroom with modern walk-in shower and free-standing bath. Both bedrooms are spacious doubles, making it a very appealing space.
The layout is very different to the typical Tyneside style which is one of the things that makes this property stand out from the crowd.
The property has been furnished to a high standard with professionals in mind. In addition to the superb interior, theres also a roof terrace which we are told is a bit of a sun trap.
The location of the property is very convenient, being only a stones throw away from Chillingham Road Metro Station.
In addition, there are plentiful amenities of Chillingham Road and Newcastle Shopping Park within close proximity. 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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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 Heaton, Newcastle upon Tyne, Tyne and Wear, NE6
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