2-bedroom flat · NE12 8BG
To rentListed 30 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Available for rent **** sought after location **** close to metro **** pattinsons are delighted to welcome to the market for rent this two bedroom apartment located in The Beeches, Benton.
Ideally situated in this sought after development, the property has good access to all local amenities and excellent road and transport links, its within walking distance of Benton Metro making travelling to Newcastle city centre or the Coastal areas very convenient.
Benefiting from double glazing and under floor heating, the internal accommodation briefly comprises:- Secure communal entrance hallway with stairs to first floor, main hall, lounge/dining area, fitted kitchen, shower room, and two bedrooms.
Externally the property has communal gardens and limited residential parking.
For further information or to arrange a viewing please contact us:- or call the local branch 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: B Deposit: 1,096.15 Main Hall Built-in storage cupboard. Dado rail. Under floor heating.
Doors off to all rooms. Lounge/Dining Room (4.72m x 3.51m) With double glazed windows to the front and side elevations. Under floor heating. Television and telephone points.
Breakfasting Kitchen (3.56m x 2.21m) A range of modern wall and base units with complimenting solid wood work surfaces. Drainer unit with mixer tap. Built-in electric oven and ceramic plate hob.
Chimney style extractor. Eye level electric oven. Plumbed for automatic washing machine. Breakfast bar. Integrated fridge/freezer. Double glazed window to the side elevation. Under floor heating.
Bedroom One (4.98m x 2.44m) With double glazed window to the front elevation. Under floor heating. Built-in wardrobes with sliding doors.
Bedroom Two (3.56m x 2.13m) With double glazed window to the side elevation. Under floor heating. Shower Room Step-in shower cubicle with UPVC panelling. Concealed double flush w/c.
UPVC panelling to the walls. Vanity unit with wash basin inset. Double glazed window to the side elevation. Under floor heating.
Communal Gardens Communal mature gardens and limited residential parking.
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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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 8 The Beeches, Eastfield Road, Newcastle upon Tyne
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