3-bedroom terraced house · NE16 6NW
No longer listedReduced £50 (−7.1%) on 16 SepListed 81 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lightning Estates are pleased to offer this well-presented three-bedroom stone-built terraced house, situated in the popular and sought-after village of Burnopfield.
Freshly decorated throughout in neutral tones and fitted with brand-new carpeting, the property is presented in excellent order and is ready to move straight into.
The accommodation briefly comprises an entrance to two well-proportioned reception rooms, each enhanced by an attractive stone feature fireplace and a fitted kitchen with a range of wall and base units, contrasting worktops and access to the rear yard.
To the first floor there are three bedrooms and a family bathroom with a white suite comprising bath, pedestal wash basin and WC. Externally, the property benefits from an enclosed rear yard.
Burnopfield is a highly regarded village setting on the edge of open countryside, yet within easy commuting distance of Gateshead, Newcastle upon Tyne and the MetroCentre, and is well placed for local shops, schools and transport links.
Early viewing is highly recommended. •? Three-bedroom stone-built terraced house •? Freshly decorated throughout with new carpets •? Two reception rooms with feature fireplaces •?
Fitted kitchen with rear yard access •? Family bathroom with white suite •? Enclosed rear yard •? Sought-after village location in Burnopfield •?
Excellent commuter links to Newcastle, Gateshead & the MetroCentre •? Unfurnished, available now
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 16 Chapel Avenue, Burnopfield, NEWCASTLE UPON TYNE
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