3-bedroom flat · NE11 9JU
Listing removedReduced £5k (−3.2%) on 12 AugListed 127 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Seven Keys welcome to the market this ideal family sized home, situated in a popular residential area of Lobley Hill.
The property provides a good amount of living space and is ideally located close to local schools, shops and transport links, the Metro Centre shopping mall and Newcastle City Centre are all within a ten minute drive.
The property is currently tenanted at £625 per calendar month with no history of arrears. Briefly comprising entrance hallway, kitchen and living/dining room to the ground floor.
Whilst there are three bedrooms, bathroom and family bathroom to the first floor.
Externally, there is an outbuilding and garden to the rear, whilst a paved driveway to the front provides off street parking. Request your viewing online at .
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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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 8 Chiltern Gardens, Tyne and Wear
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