3-bedroom flat · NE6 5NA
To rentListed 226 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**£115.00PPPW**We are pleased to offer this AMAZING OUTSTANDING AND VERY LARGE 3 bedroom ground floor flat at £115.00PPPW.
Recently refurbished outstanding, beautiful, very large spacious modern ground floor tyneside based seconds walking distance to Chilingham Road, local shops and local transport links.
The property is an ideal student house and boast many things which would be desirable for all students.
The property compromises of: 3 large double bedrooms - NO SMALL BEDROOM Large lounge Beautiful bathroom Spacious fabulous size kitchen Rear yard DONT MISS OUT ON THIS OUTSTANDING PROPERTY!!!!
To arrange a viewing call us today. We can accommodate evening and weekend viewings and also offer in person and/or viewing videos
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
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FAQ
About 167 Simonside Terrace
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