4-bedroom terraced house · NE6 5YE
For saleListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well presented & spacious four bedroom mid terraced period family home is located in the heart of Heaton on First Avenue.
Within walking distance to Chillingham Road and Heaton Road both offering numerous amounts of cafes, shops, bars and restaurants this property will have to be viewed to be appreciated.
Accommodation comprises: Ground floor: Entrance vestibule, hallway, sitting room, dining room, kitchen. First floor: Principal bedroom, bedroom two, family bathroom.
Second floor: Bedroom three, bedroom four. Outside: Rear courtyard. Situation: First Avenue is a residential street in Heaton.
With access to all this popular suburb has to offer there is also good commuting options available by road, bus and Metro directly into the city centre and throughout the region.
The Coast Road links with the beautiful North Tyneside coastline with pretty seaside towns such as Whitley Bay & Tynemouth.
Heaton has a number of open spaces such as Heaton & Armstrong Park, Jesmond Dene & Iris Brick Fields.
There is also a choice of schooling for all ages with access to a number of private schools across the city.
Description: 16 First Avenue is a 3 storey mid terraced period family home that offers generous and versatile accommodation that will appeal to a range of buyers on a regional and national level.
Heated by gas central heating the property retains some original features. The front door opens to the vestibule and then the hallway. The sitting room is a beautiful and bright reception room.
With a south facing aspect, the bay window provides ample natural light to fill the room. The main focal point is the charming fireplace and on either side the alcoves have beautiful built-in storage.
Following on is the dining room, this room has been tastefully decorated and includes a fitted dining seating area, mantlepiece and under stairs storage.
The kitchen is situated towards the back of the property, accessed from the dining room and has a door leading out to the rear yard.
The contemporary kitchen benefits from ample wall and base units, a tiled splash back area and has space and plumbing for a washing machine, dishwasher and fridge freezer.
The first floor landing is split level and has stairs off to teh second floor.
The principal bedroom is positioned over the front of the property and has a south facing aspect and runs teh full width of teh front elevation. 2 windows allow ample light to fill this spacious room.
There are beautiful high ceilings, an original ceiling rose and built in wardrobes and dresser. The second bedroom is a double bedroom and faces the rear, towards the yard.
The family bathroom is tiled and consists of a bath, separate shower, WC and sink.
Onto the top floor where there are two further double bedrooms, both of which benefitting from Velux windows and eaves storage.
Outside: To the front is a town garden, to the rear is a courtyard an ideal space for outside dining as it enjoys the sunshine through the second part of the day. EPC Rating: D
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About First Avenue, Heaton, NE6
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