2-bedroom terraced house · NE6 5PL
Sold STCListed 90 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This 2 bedroom mid terraced period house is located in a highly sought after corner of Heaton, ideally suited to first time buyers and couples and where an internal inspection is essential to be fully appreciated.
Accommodation comprises: Ground floor: Entrance porch, hallway, sitting room, dining kitchen. First floor: Landing, principal bedroom, bedroom 2, bathroom/wc.
Outside: Front town garden, south facing rear courtyard. Situation: This mid terraced house is located on a popular street in a sought after corner of Heaton, closest to the city centre & Ouseburn.
Heaton is one of the city’s most in demand areas, especially with first time buyers, professional couples and young families.
It has a wide range of local and national shops, restaurants, coffee shops, public houses and bars.
There are a good number of open spaces to enjoy such as, Heaton Park, Armstrong Park, Jesmond Dene & Iris Brick Fields. There is good access to the Ouseburn and Newcastle’s famous Quayside.
There is also commuting options into the city centre where a mainline rail station connects to London Kings Cross in less than 3 hours.
There is schooling for all ages as well as a number of private schools to choose from and the Coast Road leads directly to the Coast with pretty seaside towns such as Whitley Bay & Tynemouth.
Description: This mid terraced period house will have to be viewed to be appreciated.
retaining many original features both bedrooms are doubles whilst outside it makes the most of its south facing rear courtyard.
Heated by gas central heating this home will appeal to first time buyers and professional couples.
The front door leads directly from the front town garden into the entrance porch and then the hallway.
The sitting room is to the front whilst the dining kitchen, which is the heart of this home, is a great size and has a window and door to the rear courtyard.
Fitted with wall and base units this is a great space for socialising and cooking. The first floor landing leads to all rooms on this floor.
The principal bedroom is the full width of the front of the house and a great size double room.
Bedroom 2, also a double is to the rear ad finally is the bathroom with white suite and shower over the bath.
Outside: Front town garden, rear south facing courtyard which is an ideal space for outside dining through the summer months. EPC Rating: E
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 Malcolm Street, Heaton, NE6
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