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See how verdicts work2-bedroom flat · NE6 5YA
For saleListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two-bedroom flat lower with no upper chain, set in a prime position in highly sought-after Heaton.
The flat offers a generous bay-fronted master bedroom or reception room depending on requirements with wood-style flooring, creating a bright and flexible space.
The separate modern kitchen is fitted with contemporary units, integrated oven and hob, and wood-effect worktops, with space for further appliances and a door leading out to the rear.
The bathroom is finished in neutral tiling and provides a white three-piece suite with shower over the bath. There is also a useful second bedroom of which can be used as a study if desired.
Outside, there is a shared rear yard and to the front a private town garden, offering low-maintenance outdoor space.
Balmoral Terrace sits just a short walk from Chillingham Road, with its independent cafés, restaurants, bars and shops, as well as the popular Heaton Road and nearby Heaton Park for green space and walking routes.
Transport links are excellent: Chillingham Road Metro station is within walking distance, providing regular services into Newcastle city centre and towards the coast.
Frequent bus routes run along both Heaton Road and Chillingham Road, and road links via the Coast Road and A19 are easily accessible.
Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Gas central heating Broadband: Cable Mobile Signal Coverage Blackspot: No Parking: On street mining The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.
Confirmation should be sought from a conveyancer as to its effect on the property, if any.
Please note that the aml fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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
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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
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FAQ
About Balmoral Terrace, Newcastle Upon Tyne
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