2-bedroom terraced house · NE16 6QF
To rentListed 24 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern two-bedroom house situated on Lilac Crescent in the popular village of Burnopfield, available now on an unfurnished basis.
This modern property is situated at the front of this modern development and comprises, on the ground floor: entrance hallway, ground floor W.C., modern fitted kitchen with gas hob and electric oven and lounge with French doors leading to the enclosed rear garden.
To the first floor there are two good sized bedrooms and a family bathroom with a shower over the bath.
Externally, there is a small lawned garden and driveway to the front/side and a lawned rear garden with a patio. Pets considered, subject to an increased rental amount per calendar month.
Terms and conditions will apply.
Lilac Crescent has a mixture of older properties and the more recently built Barratt homes and is situated in Burnopfield off Front Street (B6310), within 0.3 miles of the local shops and facilities close to Sheep Hill and Busty Bank and within 0.7 miles of the Coop.
Food store at the other end of the village. It is also 1.5 miles from Rowlands Gill village and 8 miles from Newcastle, with links to the A692, A694 and further to the A1(M).
There are local countryside walks and cycle routes, including the Derwent Valley Red Kite trail, while the National Trust grounds of Gibside are 1.5 miles down the road.
To proceed to rent this property you will have to sign a Holding Deposit Agreement and pay a Holding Deposit of one weeks rent which will be used as part of the first rent payment upon signing the tenancy agreement.
The Holding Deposit Agreement will give you details of the circumstances that could lead to your holding deposit becoming non-refundable, as per the terms of the Tenant Fees Act 2019.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. QRW190022/2
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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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 Lilac Crescent, Burnopfield, Newcastle Upon Tyne, NE16
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