4-bedroom flat · NE6 5SU
For saleListed today
Opportunity summary
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About
This 2 storey upper apartment is located on a prominent Heaton street with 4 bedrooms, 2 bathrooms and will appeal to a wide range of first time buyers and couples and an internal inspection is essential.
Accommodation comprises: Ground floor: Entrance hallway. First floor: Landing, bedroom2/sitting room, bedroom 3, bedroom 4, sitting/dining room, kitchen, utility, shower room/wc, rear lobby.
Second floor: Landing, Principal bedroom, bathroom/wc. Outside: South facing rear courtyard. Situation: Rokeby Terrace is a sought after residential street in the heart of Heaton.
Fast being one of Newcastle’s most popular suburbs Heaton has a wealth of amenities including local and national shops, restaurants, bars, coffee shops and public houses.
There is schooling for all ages, a number of sports clubs & leisure facilities and Heaton is well positioned for commuting into Newcastle city centre by Metro, bus and road.
There are a number of open spaces including Iris Brick Fields, Heaton & Armstrong Park whilst the Coast Road passes Heaton and leads directly out to our pretty coastline and seaside towns such as Whitley Bay and Tynemouth.
Description: Extended by the present owners this double upper apartment has versatile accommodation spread over 2 floors that will need to be viewed to be appreciated.
Heated by gas central heating the property will appeal to a wide range of buyers as it offers so much flexibility as to how the rooms can be used.
The front door leads to the entrance hallway where stairs lead to the first floor. The landing has stairs off to the second floor.
To the front with a bay window that allows for additional natural light and space is the sitting room/bedroom 2.
This versatile room, currently a sitting room has an open fire with tiled and cast iron inset and timber mantlepiece as its focal point.
Also leading from the landing is bedroom 3 and 4, both are doubles. To the rear is the sitting/dining room.
With a south facing window and door to the kitchen this reception room also has a fireplace as its main focal point with cast iron inset and timber mantlepiece.
The kitchen is fitted with wall and base units with complimentary worktops and inset sink unit. There is a gas hob with extractor fan over and electric oven under.
Plumbing for a dishwasher, window to the rear and door to the utility where there is plumbing for a washing machine, rear stairs and access to the rear courtyard and a shower room with walk in double shower, wash basin and wc.
The second floor landing has a built in cupboard, the principal bedroom is a double room with sloping ceilings and sky lights to both front and rear.
The bathroom is fitted with a modern white suite including a panelled bath wash basin and wc. There is also a sky light to the rear.
Outside: To the rear is a south facing rear courtyard with gate access to the service lane. EPC Rating: C
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.
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About Rokeby Terrace, Heaton, NE6
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