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See how verdicts work5-bedroom flat · NE6 5BU
Sold STCListed 380 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hive Estates presents this spacious five-bedroom HMO, ideally situated on the popular Chillingham Road in the vibrant and sought-after area of Heaton, Newcastle upon Tyne.
Tenanted until 2026, the property generates a strong rental income of £2,058.33 per month £24,700 per annum representing an impressive rental yield of 9.88%.
This investment offers immediate income with excellent potential for future growth.
Designed for modern shared living, the property features five double bedrooms, each furnished with a bed, desk, and storage space.
The accommodation includes a separate lounge and a well-equipped kitchen, providing comfortable and practical living spaces for tenants.
There is one main bathroom with modern tiling and a shower, complemented by an ensuite bathroom on the top floor, offering added convenience and privacy.
Externally, the property benefits from a rear yard and store with access to the rear lane.
Located in Heaton, a lively and popular residential area known for its strong rental demand, excellent local amenities, and excellent transport links, this property represents a high-performing investment with secure tenants until 2026.
Lounge - 4.55 x 4.00 (14'11" x 13'1" ) - Kitchen - 6.30 x 2.45 (20'8" x 8'0") - Bedroom 1 - 3.00 x 6.10 (9'10" x 20'0") - Bedroom 2 - 3.30 x 6.10 (10'9" x 20'0") - Bedroom 3 - 3.35 x 2.30 (10'11" x 7'6" ) - Bedroom 4 - 3.20 x 3.00 (10'5" x 9'10") - Bedroom 5 - 2.80 x 3.30 (9'2" x 10'9") - Bathroom - 1.40 x 2.40 (4'7" x 7'10") - Shower Room - 1.40 x 1.30 (4'7" x 4'3") -
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 advisers 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 Chillingham Road, Heaton, Newcastle Upon Tyne
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