3-bedroom flat
To rentListed 9 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
£130 pppw - recently refurbished lower ground floor apartment to let in spital tongues area with the Medical/ dentistry school only being 0.4 miles away.
Also as well as offering easy access to Newcastle university as it is only 1 mile away.
The lounge has leather sofas and includes a 42'' wall mounted TV and a dining table and chairs are also provided perfect for getting the house together.
The kitchen is extremely modern with ample cupboard space and all electrical goods included.
Each of the bedrooms comes fully furnished with sleek black furniture and fitted with a 32'' LCD TV included.
The bathroom is tastefully decorated and benefits from both a bath and a separate shower cubicle.
The City Centre is in easy reach of this property as well as both of the Universities in particular the Medical and Dentistry School.
**All property descriptions are assumed correct at time of publication.
Any reference to property details, specifications or other inclusions are subject to change and may be altered at any given time.
This property is owned by a director of Walton Robinson ltd t/a Seekers
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 Belle Grove Terrace, Newcastle Upon Tyne
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