We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work6-bedroom terraced house · NE6 5DS
Sold STCListed 276 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We welcome to the market this spacious six bedroom upper maisonette flat situated on Simonside Terrace in the highly desirable area in Heaton. The property is currently tenanted under an HMO license.
The property is positioned close to local amenities around Chillingham Road and also Newcastle Shopping Park, along with access to well-regarded schools and excellent travel links, with Newcastle city centre only a short commute away.
Briefly comprising to the first floor:- bright and airy lounge, kitchen with fitted wall and floor units, three piece shower room, and three double bedrooms.
To the second floor, there are a further three double bedrooms, a separate WC, and another three piece shower room. Externally there is a spacious shared yard to the rear.
The property also boasts gas central heating, ample storage, and double glazing. This property is an ideal investment opportunity and early viewings come highly recommended.
Further tenancy information is available upon request. For more information please call our branch on . Tenure The agent understands the property to be leasehold.
However, this should be confirmed with a licenced legal representative.
Council Tax band *A* Lounge - 3.44 x 4.48 (11'3" x 14'8" ) - Kitchen - 4.86 x 2.39 (15'11" x 7'10") - Bedroom One - 3.91 x 2.90 (12'9" x 9'6") - Bedroom Two - 3.35 x 3.25 (10'11" x 10'7") - Bedroom Three - 3.03 x 3.29 (9'11" x 10'9") - Bedroom Four - 2.69 x 3.75 (8'9" x 12'3") - Bedroom Five - 3.18 x 3.54 (10'5" x 11'7") - Bedroom Six - 3.07 x 2.77 (10'0" x 9'1") -
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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
FAQ
About Simonside Terrace, Newcastle Upon Tyne
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