2-bedroom house · NE6 1TR
Listing removedReduced £50 (−2.8%) on 11 AugListed 160 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This immaculate three-bedroom town house is available to rent in the sought-after Merchants Wharf area of St Peters Basin, offering a modern lifestyle with fantastic access to the River Tyne and local amenities.
Set over three floors, the home features an open-plan kitchen diner, ideal for families and couples looking for a sociable layout.
Large windows and a balcony make the most of the River Tyne views, creating a bright area for relaxing or entertaining.
The property also benefits from a rear garden with patio area, providing useful outdoor space, and a single garage offering parking or additional storage.
Merchants Wharf sits on the riverside, with attractive walking and cycling routes along the Tyne providing easy access towards Newcastle Quayside and Ouseburn, known for their independent cafés, bars and cultural venues.
Everyday amenities, including supermarkets, gyms and local shops, are within easy reach by foot or bike.
With three bedrooms one of which could be used as a study if desired, two bathrooms, an open-plan layout, balcony, garden and garage, this terraced property to let presents a practical and well-finished home in a riverside location close to Newcastle’s key attractions and amenities.
Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Gas central heating Broadband: Fibre Mobile Signal Coverage Blackspot: No Parking: Driveway and garage Under the terms of the Estate Agents Act 1979 (section 21) please note that the landlord of this property is an associate of an employee of Rook Matthews Sayer.
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
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FAQ
About 15, Merchants Wharf, Newcastle Upon Tyne
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