3-bedroom flat · NE6 5XR
To rentListed 13 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available 1st August 2027. £1500.00 pcm / £115.00 pppw. We are pleased to welcome to the rental market this modern upper three bedroom flat in a popular area of Heaton.
The property briefly comprises of a bright and airy living room, leading to a fitted kitchen with electric oven and hob, automatic washing machine and fridge freezer.
The bathroom is modern with a shower over bath, w/c and basin in a vanity unit. All bedrooms are situated off the landing with double beds, wardrobes and chest of drawers and fitted carpets.
Modern decor and decorated in neutral tones the property is very appealing to professionals and students alike and has immediate access to local shops, schools, bus routes, parks and excellent transport links to Newcastle City Centre.
The property is well presented and we expect it to be very popular, book a viewing early to avoid disappointment as demand is expected to be high. Smoking (inside) is not accepted.
Disclaimer Every care has been taken with the preparation of these particulars but complete accuracy cannot be guaranteed.
If there is any point, which is of particular importance to you, we will be pleased to check the information for you. These particulars do not constitute part of a contract.
Measurements are approximate.
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 69, King John Street, Newcastle Upon Tyne
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