3-bedroom terraced house · NE31 2PP
Listing removedListed 132 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Safe and Secure welcome to the rental market this three bedroom mid-terraced house. Available on an unfurnished basis.
Situated on Mimosa Drive, Hebburn, the deceptively spacious property would make an excellent family home.
Briefly comprising of: an entrance hall, lounge, dining room, kitchen, three spacious bedrooms, family bathroom and enclosed gardens to front and rear.
If you are interested please give our office a call on . ENTRANCE HALL Double glazed entrance door, staircase to first floor and understairs storage cupboard.
LOUNGE 13' 1" x 11' 9" (4.0m x 3.6m) Double glazed window to front, radiator, telephone and television point. DINING ROOM 9' 2" x 10' 2" (2.8m x 3.1m) Double glazed window to rear and radiator.
KITCHEN 11' 1" x 9' 10" (3.4m x 3.0m) Part tiled walls, fitted wall and base units, work surfaces, single bowl sink and drainer unit, integrated electric oven, integrated electric hob, extractor hood, space for washing machine, double glazed window to rear and double glazed door to rear.
MASTER BEDROOM 13' 1" x 9' 2" (4.0m x 2.8m) Double glazed window to rear and radiator. BEDROOM 2 11' 9" x 10' 2" (3.6m x 3.1m) Double glazed window to front and radiator.
BEDROOM 3 8' 6" x 9' 2" (2.6m x 2.8m) Double glazed window to front and radiator.
BATHROOM Part tiled walls, white three piece suite comprising of a panelled bath with shower over, pedestal wash hand basin, low level WC, radiator, extractor fan and double glazed window to rear.
FRONT GARDEN Paved and gravelled areas enclosed by walled boundaries. REAR GARDEN Paved and gravelled areas enclosed by fenced boundaries.
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 Mimosa Drive, Hebburn, Tyne & Wear
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