1-bedroom house · NE6 5LQ
To rentListed 15 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Mckale Estates are pleased to offer rooms within this spacious four bedroom maisonette, situated within this popular residential development and ideally located for access to Chillingham Road Metro Station and Newcastle City Centre.
The property offers well proportioned shared accommodation, including a comfortable lounge and fitted kitchen, along with a useful entrance hallway and storage cupboards.
The four bedrooms are located on the first floor, together with a shared bathroom.
The property benefits from gas central heating and UPVC double glazing and is ideally positioned for local amenities, shops, bars and restaurants, with excellent transport links into Newcastle City Centre.
Notice All photographs are provided for guidance only. Redress scheme provided by: Tpos (T08739)
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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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
FAQ
About 284, Chillingham Road, Newcastle Upon Tyne
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