2-bedroom house · NE3 5BL
Listing removedListed 108 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** let on first viewing ** Tucked away in a leafy suburb and overlooking a pretty stream we offer a well presented two bedroom mid link house convenient for access to shops, amenities, bus and metro links to the city centre.
The property is unfurnished and comes with an open plan lounge/diner, modern kitchen with a range of appliances including cooker/hob, fridge/freezer and washing machine.
Upstairs there are two double bedrooms plus bathroom with shower over bath.
EPC Rating: D Council Tax Band: B Holding Deposit: £219.00 Security Deposit: £1,095.00 Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Gas Broadband: Fibre Mobile Signal Coverage Blackspot: No Parking: Tbc
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 3, Salters Close, Newcastle Upon Tyne
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