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See how verdicts work3-bedroom terraced house · NE5 3AY
For saleListed 89 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Presenting Chestnut Avenue, a three bedroom terraced house located within a quiet, residential area of Cowgate.
Being sold as a tenanted investment, with no onward chain, this is a great opportunity to start or add to a property portfolio providing immediate rental returns.
Entering the property, to the right is the kitchen. With modern wall and base units providing ample storage space and a small dining table.
At the rear of the property to the right is the large lounge, a great living space with the potential to be a lounge-diner, the lounge also provides access to the rear garden via patio doors.
On the first floor, to the left is the third bedroom, a good sized single room. To the right at the rear of the property is the master bedroom, an impressive sized double bedroom.
To the front of the property is the good sized second double bedroom and completing the first floor is the family bathroom with with three piece white suite.
Externally the property has a good sized front garden with a paved area, a small lawn and a bricked driveway with gated access.
To the rear, a generously sized rear garden featuring a small decking area and large lawn. The property currently achieves £650 per month rental income.
Tenure: Freehold Council Tax Band: A - £1,607.73 per year EPC: C Cowgate is located to the west of Newcastle upon Tyne and is popular because of the local community, it's proximity to Newcastle city centre & the local amenities on the doorstep.
There are local shops including a convenience store, a post office, hairdressers, take aways, sandwich bars, a Morrisons Supermarket and petrol station nearby.
Newcastle International Airport is approximately 5m away and for golfing enthusiasts, Newcastle United Golf Course is approximately 1m away.
Material Information: This property is built to standard construction.
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All measurements have been taken as a guide to prospective buyers only, and are not precise.
If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.
Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation. EPC rating: C.
Tenure: Freehold, Hallway 3.73m x 0.9m (12'3" x 2'11") Kitchen 2.14m x 4.02m (7'0" x 13'2") Lounge 3.99m x 5.99m (13'1" x 19'8") Landing 2m x 0.97m (6'7" x 3'2") Master Bedroom 3.64m x 3.86m (11'11" x 12'8") Bedroom Two 2.56m x 3.17m (8'5" x 10'5") Third Bedroom 2.63m x 2.5m (8'8" x 8'2") Bathroom 1.42m x 2.74m (4'8" x 9'0")
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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 Chestnut Avenue, Cowgate, Newcastle upon Tyne, NE5
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