2-bedroom terraced house · NE17 7BX
To rentListed 101 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Fantastic opportunity to rent this two bedroom extended mid terrace property located in Chopwell.
The property has had a new kitchen and bathroom and has a good size lounge and two double bedrooms and enclosed rear patio garden.
Located close to local shops and schools with excellent bus and road links into Newcastle. The floor plan comprises Entrance porch, lounge, inner hallway, kitchen/breakfast room and bathroom.
To the first floor two double bedrooms. Further benefits include gas central heating, double glazing and enclosed rear yard.
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: A Deposit: 625.00 Length of Tenancy: 6 months Kitchen (3.1m x 2.9m) Fitted wall and base units incorporating counter work with a one and a half bowl sink unit, built in electric cooker and electric induction hob with extractor hood over.
Space for a washing machine, tiled floor, double radiator, down lighting, double glazed rear aspect window and door, door into bathroom.
Living Room (4.6m x 4.5m) Double glazed front aspect window, brick effect fireplace, vertical feature radiator, wooden flooring.
Bathroom (2.16m x 1.42m) White three piece suite comprising panelled bath with shower over, vanity wash hand basin, low level W.C.
Partly tiled walls, shaver point, heated towel rail, down lighting, tiled floor, double glazed rear aspect window.
Bedroom One (3.91m x 3.51m) Double glazed rear aspect window, single radiator, access to loft space.
Bedroom Two (4.57m x 2.34m) Double glazed front aspect window, single radiator, access to loft space. Garden Mainly paved with walled boundaries and gate access.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 33, Blyth Street, Newcastle upon Tyne
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