8-bedroom house · NE6 5JX
Let agreedListed 731 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Newly refurbished eight bed property - August 2025 Eight-bed property with open plan kitchen/living room - also available as a 6 or 7 bed!
This large, Victorian house is situated at the top of the leafy Simonside Terrace, just a two minute walk into Heaton Park and only 25 minutes to the Universities.
If you're looking for a property big enough to accommodate eight people, as well as all their friends on a Saturday night, then this is the one.
The open-plan aspect allows tenants to socialise together, be it around the kitchen table, or across the living room's leather sofas.
The kitchen is large enough for several people to prepare food at once and has enough cupboard space for everyone to have ample room for their utensils and food.
As ever, Red Ridge provide all the necessary white goods, including washing machine, dishwasher and two fridge freezers.
All of the eight bedrooms are very spacious, and several have lovely design features, such as the attic rooms which keep the original beams of the house and one of the first floor bedrooms which is split over two levels, so that study space and the sleeping area can be kept independent of each other.
The ground floor bedroom even has its own en-suite! Bills inclusive packages available. For more information, call Red Ridge!
EPC Rating: D Additional Features Off street parking Central heating Double glazing Garden Smokers Allowed
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 6, Simonside Terrace, NEWCASTLE UPON TYNE
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