3-bedroom house · NE5 4HN
Listing removedListed 131 days · slow let
Opportunity summary
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About
Description Property is accessed via UPVC double glazed door with decorative panels and half-moon opaque glass into small lobby with panelled door into entrance hallway.
Entrance hallway High quality wood effect laminate to floors, modern Laura Ashley papered walls, pendant light fitting and smoke detector to ceiling, door to under stair storage and doors to all ground floor accommodation.
Lounge Located to the rear of the property this spacious room has a vaulted ceiling, high quality wood effect laminate to floors, beautiful feature papered wall with modern painted to remaining, 2 x light fittings to ceiling, warmed via double panel radiator, 2 x large double glazed window with top openers and UPVC door with decorative opaque glass overlooking rear elevation and garden providing ample light.
Kitchen Galley style kitchen with tile effect laminate to floors, bevelled edged, Metro Subway style tiles to walls with modern decor to remaining, a range of Shaker style wall and base units with elongated stainless steel handles, single sink with single drainer and chrome mixer tap, 4 ring gas hob with inset electric fire below and chrome extractor above, space for dishwasher, tumble dryer and automatic washing machine, Ideal combination boiler system into housing with storage below, spotlight track to ceiling, warmed via double panel radiator and large double glazed window overlooking rear elevation and garden with full size opener.
WC Tile effect laminate to floors, fully tiled walls in cream tones, modern low level WC, double glazed window to side elevation with opaque glass and concealed light fitting to ceiling.
Bathroom Accessed via timber bi-fold door with vinyl to floors, modern tile effect cladding to walls in grey tones, walk in shower cubicle with electric shower and chrome and glass sliding doors, sink with chrome pillar taps, chrome LED spotlights to ceiling and double glazed window with opaque glass to front elevation.
Bedroom 1 Located to the ground floor with wood effect high quality laminate to floors, modern papered walls with painted to remaining, decorative pendant light fitting to ceiling with glass shades, door to storage cupboard, ample space for bedroom furniture, large double glazed window overlooking front elevation and warmed via large single panel radiator.
Staircase to first floor landing with traditional hand rail and balustrade painted in white with grey carpets to floors, modern Laura Ashley papered walls, pendant light fitting to ceiling, large double glazed window to rear elevation providing an abundance of natural light, large storage cupboard and doors to first floor accommodation.
Bedroom 2 Eye catching mural to main wall with modern decor to remaining, wood effect laminate to floors, pendant light fitting to ceiling, dual aspect double glazed windows allowing for light to flow through and warmed via large double panel radiator.
Bedroom 3/Office Single in size with modern decor to walls, wood effect laminate to floors, pendant light fitting to ceiling, double glazed window overlooking front elevation and warmed via double panel radiator.
To the rear the property benefits from a good size fully block paved rear garden surrounded by perimeter fencing and is not overlooked from the rear.
Fence has fully opening gates providing off street parking, space for outside furniture. The property is unfurnished and photos take are for marketing purposes.
Council Tax Band: A (Newcastle City Council) Deposit: £795 Holding Deposit: £183.46
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
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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 432 Eastgarth, Newcastle upon Tyne
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