5-bedroom house · NE6 5NU
Listing removedListed 164 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Five / Six Bedroom Terraced House**Available With Vacant Possession & No Onward Chain**Potential Family Home or HMO** A three storey period terraced house, well located for access to Newcastle City Centre, and close to Heaton Road cafes and shops, and the green spaces of Heaton Park.
Approaching 1,700 square feet, the house includes a Reception Hall, a Living Room, a Second Reception Room (currently arranged as a bedroom), a Kitchen, a Ground Floor Shower Room, Three First Floor Bedrooms, a Bathroom, a Separate WC, and Two Second Floor Bedrooms.
Successful operating as a licensed HMO for many years, the house has most recently generated an annual rent in excess of £30,000, and a gross yield of 9.5%.
The property further benefits from double glazing, gas central heating, and a well-oriented rear yard. Material Information: Council Tax Band: B Tenure: Freehold Parking: On Street
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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
Agent & docs
FAQ
About 24, Cardigan Terrace, Newcastle Upon Tyne
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