4-bedroom terraced house · NE6 5DA
Listing removedListed 180 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***PLEASE BE AWARE APPLICATIONS TO VIEW THIS PROPERTY MUST BE MADE ONLINE.
THE CITY & SUBURB TEAM WILL NOT BE ABLE TO ASSIST WITH VIEWING REQUESTS MADE OVER THE PHONE*** City and Suburb are delighted to bring this lovely, spacious four bedroom house back to the rental market.
This house is ideal for a group of young professionals looking to live in a great part of Newcastle upon Tyne.
One major plus point is that the four bedrooms are all a very good size, so there is no compromising over who gets a box room!
There's a really homely feel to this property, starting with a comfortable living room with a 39" wall mounted TV which helps to make a very social space.
There's a modern fitted kitchen, along with four good sized double bedrooms, a recently refurbished bathroom and a spacious yard.
Each bedroom comprises of a double bed (king size in room 1), wardrobe, and chest of drawers and beside table. The furniture and décor have been chosen with young professionals in mind.
There are excellent transport links to the City Centre and the Coast with Chillingham Road metro station being only a short walk away, along with the number 1, 62 & 63 bus routes just around the corner.
The Chilli Road shops and multiple supermarkets are only a short walk away. We thoroughly recommend a viewing of this property to appreciate the standard on offer.
***PLEASE BE AWARE APPLICATIONS TO VIEW THIS PROPERTY MUST BE MADE ONLINE. THE CITY & SUBURB TEAM WILL NOT BE ABLE TO ASSIST WITH VIEWING REQUESTS MADE OVER THE PHONE***
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
FAQ
About Spencer Street Heaton, Newcastle upon Tyne, Tyne and Wear, NE6 5DA
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