2-bedroom flat · NE13 9DA
Let agreedReduced £25 (−2.6%) on 7 OctListed 71 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented two bedroom second floor apartment is situated within the highly sought-after Newcastle Great Park development and offers modern living in a convenient location, with allocated parking to the rear.
Ideally positioned on Heron Crescent, the property benefits from excellent local amenities nearby, including the Great Park Community Centre, sports facilities, and the popular Havannah Three Hills Nature Reserve, perfect for enjoying outdoor walks and recreation.
The apartment is well placed for commuting, with regular bus services close by and easy access to the A1 motorway.
The developing Newcastle Great Park Town Centre is also set to bring an exciting range of shops, cafés and amenities to the area.
Offering comfortable and contemporary living with a spacious main double bedroom, with a multiuse second bedroom with fitted wardrobes, in a popular residential location, this apartment is ideal for professionals, couples or small families looking for easy access to Newcastle city centre and surrounding areas.
EPC Rating: C Council Tax Band: B Holding Deposit: £230.00 Security Deposit: £1,150.00 Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Gas Central Broadband: Fibre Mobile Signal Coverage Blackspot: No Parking: Allocated Space
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
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FAQ
About 73, Heron Crescent, Newcastle Upon Tyne
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