3-bedroom flat · NE4 8XS
For saleListed 8 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Three bedroom upper flat | fantastic investment opportunity | tenanted investment | achieving 750 pcm | excellent transport links | close to local amenities Pattinson Estate Agents are pleased to welcome to the market this spacious three-bedroom upper flat, ideally situated on Atkinson Road in the popular residential area of Benwell, Newcastle upon Tyne.
Offered for sale with a tenant already in place and currently generating 750 per calendar month (9,000 per annum), this property presents a fantastic opportunity for investors looking for an established rental investment.
The property offers well-proportioned accommodation throughout, comprising a comfortable lounge, kitchen, three bedrooms and a family bathroom, providing practical living space that appeals to the local rental market.
One of the property's key advantages is its convenient location.
Situated just a short walk from a variety of local shops, supermarkets and everyday amenities, everything needed for day-to-day living is close at hand.
The area also benefits from excellent transport connections, with regular bus services providing easy access into Newcastle City Centre and surrounding areas.
A selection of local schools and other facilities are also within easy reach, adding to the property's appeal.
With an existing tenant in situ, an established rental income and a convenient location, this is an excellent opportunity to acquire an investment property in Newcastle's rental market.
Early interest is anticipated. Contact Pattinson Estate Agents today for further information or to arrange a viewing. Council Tax Band: A Tenure: Leasehold Length of Lease: 960
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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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 Atkinson Road, Newcastle upon Tyne
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