2-bedroom flat · NE6 5XA
Sold STCListed 156 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This 2 bedroom ground floor flat has been a successful rental property for many year but would also make an ideal first time buyer home in a prominent location on the edge of Heaton and has good access across the city.
Accommodation comprises: Ground floor: Hallway, sitting room, kitchen, bathroom, bedroom 1, bedroom 2. Outside: Front town garden, rear garden.
Situation: Benfield Road is a prominent road that runs along the eastern edge of Heaton.
As one of Newcastle’s most sought after areas, Heaton is thriving and ideal for professionals, couples and young families, with a choice of shops & supermarkets, there are many coffee shops, restaurants and bars.
There is also direct access into Newcastle city centre via road and bus and the Coast Road whilst there are also Metro Stations near by.
Description: This ground floor apartment is a successful rental investment that is currently let until February 2026.
With 2 double bedrooms the property has a town garden to the front and garden to the rear.
Ideal for couples, professionals sharing or even students this property rents well and further information regarding the lease and terms can be made available upon request.
Outside: Front town garden and to the rear is a further garden area.
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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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 Benfield Road, Heaton, NE6
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