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See how verdicts work2-bedroom flat · NE6 5XY
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two bedroom upper floor flat is situated on King John Terrace, Heaton.Tucked just off Heaton Road and Second Avenue, King John Terrace is ideally placed for access to the local amenities and cafe culture on both Heaton Road and Chillingham Road, a stones throw from Heaton Park and provides excellent access to Newcastle City centre, Jesmond and the nearby universities and hospitals.
The accommodation briefly comprises: entrance hall with stairs to first floor landing; sitting/dining room with feature fireplace, open to snug; kitchen with fitted units, work surfaces and rear door access to the staircase leading to the yard; bathroom complete with three piece suite; two bedrooms, bedroom one with walk in bay.
Externally, a shared rear yard and fenced boundaries.
Upper Floor Flat | 773 Sq ft (71.8m2) | Two Bedrooms | Sitting/Dining Room to Snug | Bathroom | Shared Yard | Popular Location | Leasehold - Tyneside Lease with Peppercorn Rent | Council Tax Band | EPC: Tbc
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About King John Terrace, Heaton, Newcastle upon Tyne
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