2-bedroom house · ST5 1AX
Listing removedListed 81 days · slow let
Opportunity summary
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About
Bob Gutteridge Estate Agents are delighted to bring to the market this recently updated and modernised terraced home situated in this Newcastle Town Centre location which provides ease of access to shops, schools and amenities as well as being well placed for access to the A34.
As you would expect the property offers Upvc double glazing along with combi central heating and internally comprises of through lounge/diner, modern fitted kitchen, luxury ground floor bathroom and to the first floor are two double bedrooms.
Externally the property offers and enclosed rear yard/garden. Internal Inspection Is A Must !
Through Lounge / Diner (7.42m x 3.25m (24'4" x 10'8")) With Upvc double glazed frosted front access door with skylight above, Upvc double glazed window to front with inset Georgian pattern, Upvc double glazed window to rear, coving to ceiling, two decorative ceiling roses, two pendant light fittings, built in electricity meter cupboard, two single panelled radiator, cast iron fire surround with quarry tiled hearth, t.v.
Aerial connection, power points, access to understairs store, Virgin Media connection point (Subject to usual transfer regulations), stairs to first floor landing and door leads off to; Fitted Kitchen (3.30m x 1.30m (10'10" x 4'3")) With Upvc double glazed window to side, three LED spotlight fittings, base mounted storage cupboards in high gloss white providing ample domestic cupboard and drawer space, round edge work surface with built in four ring electric hob unit with oven beneath plus extractor hood above, ceramic floor tiling, ceramic splashback tiling, stainless steel sink unit with mixer tap above, space for freestanding fridge/freezer, power points and access to; Rear Lobby Area With Upvc double glazed frosted side access door, LED spotlight fitting, ceramic wall tiling, porcelain tiled flooring and access off to; Ground Floor Bathroom (2.31m x 1.35m (7'7" x 4'5")) With Upvc double glazed frosted window to side, three LED spotlight fittings, extractor fan, a white suite comprising of low level duel flush w.c., vanity sink unit with chrome mixer tap above, panelled bath unit with mixer tap plus hair attachment, fully tiled in ceramic wall tiles, porcelain tiled flooring and modern chrome towel radiator.
First Floor Landing With battery and mains smoke alarm and doors to rooms including; Bedroom One (Front) (3.18m x 3.28m (10'5" x 10'9")) With Upvc double glazed window to front with inset lead pattern, pendant light fitting, panelled radiator and power points.
Bedroom Two (Rear) (3.28m x 3.05m'1.52m (10'9" x 10''5")) With Upvc double glazed window to rear, pendant light fitting, single panelled radiator and power points.
Door to built in boiler cupboard with Ferroli combination boiler providing the domestic hot water and central heating systems.
Rear Yard / Garden Bounded by concrete post and timber fencing along with concrete block walls, crazy paved plus flagged pathways, stone chipping area providing patio and sitting space etc..
Services Main services of gas, electricity, water and drainage are connected.
Terms The property is offered to let for a minimum term of six months at £700.00 per calendar month exclusive of council tax, water rate and all other normal outgoings.
A deposit of £807.69 will be taken against damage/breakages etc.
The tenant will be expected to pay a holding deposit of £161.53 which, subject to successful referencing, will form part of the first months rent.
The holding deposit will be forfeit if certain conditions are not met by the applicant, further details can be obtained from the Agent prior to applying. Some pets may not be allowed, No Smoking.
Before you are granted a tenancy, you will have to demonstrate your eligibility under the Right to Rent 2014 to establish your immigration status Viewing Strictly by appointment with the Agents at 2 Watlands View, Porthill, Newcastle, Staffs, ST5 8AA.
Telephone number:
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
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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
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FAQ
About 101, Hassell Street, Newcastle
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