1-bedroom flat · NE6 5XT
Listing removedListed 52 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***PLEASE BE AWARE APPLICATIONS TO VIEW THIS PROPERTY MUST BE MADE ONLINE.
THE HEATON PROPERTY TEAM WILL NOT BE ABLE TO ASSIST WITH VIEWING REQUESTS MADE OVER THE PHONE*** City and Suburb are delighted to put this stunning contemporary one bedroom property to the rental market.
This excellent ground floor flat is perfectly situated for professionals being close to the amenities and great transport links along Heaton Road.
The open plan large living/dining area make this property perfect for entertaining, while the modern simple interior and soft leather sofas make a great place to relax after a hard day at work.
Included within the open plan space is a good-sized kitchen with plenty of well-maintained floor and wall units with integrated fridge and freezer. There is a washer dryer in this area too.
The bedroom is light and spacious with lots of storage and a double bed. The bathroom is stunning and features a power shower and heated towel rails.
In addition, the flat has had an energy efficient boiler installed. Externally, this flat has a large yard with off-street parking.
This property is fully managed by us, so you can be sure of excellent service, a hassle-free move in and tenancy. Holding Deposit (per tenancy): One Weeks Rent. This is to reserve a property.
Security Deposit (per tenancy): Equal to One Months Rent This covers damages or defaults on the part of the tenant during the tenancy.
***PLEASE BE AWARE APPLICATIONS TO VIEW THIS PROPERTY MUST BE MADE ONLINE. THE HEATON PROPERTY TEAM WILL NOT BE ABLE TO ASSIST WITH VIEWING REQUESTS MADE OVER THE PHONE***
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
FAQ
About Second Avenue, Heaton, Newcastle upon Tyne, Tyne and Wear, NE6 5XT
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