3-bedroom flat · NE6 5NR
For saleReduced £10.1k (−5.9%) on 21 AugListed 252 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Trading Places are delighted to welcome to the market this well presented three bedroom, first floor apartment, situated in a popular vibrant location on Heaton Park Road.
The property is situated in the heart of the popular Heaton area, offering convenient access to a wide range of local amenities including independent shops, cafés, restaurants and supermarkets.
Excellent transport links are close by, with regular bus services and nearby Metro stations, while the Coast Road provides easy access to Newcastle City Centre, the Coast and surrounding areas.
Jesmond Dene is also within easy reach, offering attractive green space and walking routes.
The property briefly comprises: Entrance with private hallway with staircase up to first floor, modern kitchen lounge, and three bedrooms; two of which have en-suites.
Gas central heating and double glazing. The property is currently tenanted and achieves a rental income of £900 per calendar month, making it an exciting investment opportunity.
For more information and to book a viewing please call Trading Places on . Council Tax band A. EPC Rating E.
Entrance Porch Entrance through hardwood door into porch area with further inner door leading to private entrance hallway. Hallway Spacious private hallway with stairs up to first floor.
Kitchen/Lounge To the rear of the property is the spacious kitchen/lounge with double glazed bay window. Modern kitchen units with wall, base and draw units.
Built in electric oven with gas hob, washing machine and freestanding fridge freezer. Space for dining table and snug. Door to WC.
Separate Wc Functional additional toilet with low level WC and wash basin.
Bedroom One To the front of the property is a spacious bedroom, which could equally serve as an additional reception room if desired. Two double-glazed windows allow for plenty of natural light.
Bedroom Two To the rear of the property is bedroom two with double glazed window and door leading to spacious en-suite.
En-Suite Modern en-suite with corner shower enclosure with electric shower, low level WC and pedestal wash basin.
Bedroom Three To the front of the property is bedroom three with the additional en-suite. En-Suite Modern en-suite with corner shower enclosure with electric shower, low level WC and wash basin.
Lease Details Lease Term: 999 years from 1 January 2012
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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
Agent & docs
FAQ
About 144, Heaton Park Road, Newcastle Upon Tyne
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