3-bedroom house · NE2 4LN
Listing removedListed 328 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
I1 Real Estate presents this three-bedroom, one-bathroom terraced house located in the Spital Tongues area of Newcastle upon Tyne.
This furnished property offers a practical layout with a focus on comfort and functionality.
Upon entering, you are greeted by a welcoming hallway leading to a spacious living area, complete with a fireplace and ample seating space, ideal for relaxation.
The kitchen is well-equipped with modern appliances, including a large oven, fridge, and washing machine, providing all the essentials for daily living.
The kitchens design allows for efficient use of space, with plenty of storage and countertop areas.
The property features three bedrooms, each furnished with a bed, wardrobe, and desk, catering to both rest and work needs.
The bedrooms are well-lit, benefiting from large windows that allow natural light to fill the rooms. The bathroom is fitted with a shower, sink, and toilet, maintaining a clean and functional design.
Outdoor space includes a small, enclosed yard at the rear, offering a private area for outdoor activities or storage.
While the property does not include designated parking, street parking is available in the vicinity.
Situated in Newcastle upon Tyne, the property benefits from proximity to local amenities, including shops, cafes, and public transport links, ensuring easy access to the wider city and surrounding areas.
The location is ideal for those seeking a balance between a quiet residential setting and the convenience of urban living. The property holds an EPC rating of C, indicating good energy efficiency.
This terraced house in Spital Tongues is a practical choice for individuals or families looking for a comfortable and well-located rental option in Newcastle upon Tyne.
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
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FAQ
About 7 Burnside, Spital Tongues, Newcastle upon Tyne
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