3-bedroom flat · NE6 5LA
To rentListed 16 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available Now | £1350 per month | Hive Estates presents this stunning flat in Heaton, full of character and stylish upmarket furniture and fittings throughout.
It features a large living room with exposed real wood flooring, feature fireplace and contrasting light and dark grey decor.
There's a velvet pink sofa with gold legs, fitted custom grey and white blind and feature pendant hanging light fitting.
The kitchen features high gloss grey handleless units and Italian marble effect worktops with integrated appliances that include a fridge freezer, washing machine and oven with hob and extractor.
The bathroom benefits from a corner shower, heated towel rail, white vanity sink unit and wall mounted mirror with LED lights. To the rear is a private and spacious yard.
Each bedroom has plush grey carpet, a double bed and mattress, matching wardrobe and drawers and fabric headboard.
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 92, Simonside Terrace, Newcastle Upon Tyne
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