2-bedroom terraced house · NE21 4ER
To rentListed 1 day
Opportunity summary
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About
Summary We are delighted to offer this spacious two bedroom mid terrace property in Blaydon. This excellent property offers good size living accommodation and benefits from two reception rooms.
The property has been well maintained and is available from the 13th December on an unfurnished basis.
Located close to local shops, schools and excellent road and bus links into Winlaton and Metro Centre. The floor plan comprises: Lounge, dining room open plan into the kitchen, bathroom.
To the first floor two bedrooms. Further benefits include gas central heating, double glazing and enclosed rear yard.
Tenant Referencing Criteria: Pattinson will undertake referencing checks on all applicants over the age of 18 wishing to move into a rental property.
As part of this process, we will undertake: - A credit check to ensure each applicant does not have any adverse credit such as CCJs (County Court Judgements).
- An affordability assessment to ensure applicant's income will sufficiently cover the rental payments.
- To pass the affordability check, each applicant's gross annual basic income (including benefits and pensions) must be at least 30 times the monthly rental amount (36 times for Ellinson properties).
Eg If the rent is 500 pcm, applicants would need to earn 15,000 as an annual pension or basic salary (excluding commission/bonus) before tax or other deductions were made.
- Each applicant's affordability is assessed individually against the criteria. - Self- will require an accountant's reference and should have accounts for a minimum of two years.
Net profit will be assessed against the affordability requirement of 30 times the monthly rental amount. - Employment checks to confirm your start date, salary and if your position is permanent.
- Homeownership checks (only if you are a homeowner) confirming your mortgage payments are up to date.
- A Landlord reference (if you are currently residing in rented accommodation) confirming you have abided by the terms of the lease.
This will check that the rent was paid on time and in full, there was no antisocial behaviour and the property was looked after in an appropriate manner. - Right to rent' id checks.
If you do not meet the requirement, you will require A homeowner guarantor. Council Tax Band: A Deposit: 807.69 Rear Yard Mainly paved, walled boundaries with gate access.
Bedroom Two (2.7m x 2.1m) Double glazed rear aspect window, single radiator. Bedroom One (4.5m x 2.2m) Double glazed front aspect window, single radiator.
First Floor Landing Double glazed rear aspect window, access to roof space. Bathroom White three piece suite comprising panelled bath with mixer tap shower, pedestal wash hand basin, low level W.C.
Partly tiled walls, double radiator, extractor fan, down lighting, double glazed rear aspect window.
Kitchen (2.7m x 1.8m) Fitted wall and base units, single drainer sink unit, work tops, built in electric cooker, gas hob with extractor hood over, space for a washing machine.
Partly tiled walls, tiled floor, double glazed rear aspect window. Dining Room (3.0m x 2.2m) Double glazed rear aspect door, double radiator, open plan into kitchen.
Lounge (4.9m x 4.8m) Double glazed front aspect door and window, Single radiator, marble fireplace with inset and hearth, living flame effect gas fire, stirs to the first floor.
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
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FAQ
About Helen Street, Blaydon-on-Tyne
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