2-bedroom terraced house · NE16 6EG
Listing removedListed 128 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Pattinson Whickham are proud to present this charming 2-bedroom terraced house nestled in the heart of Hobson, Newcastle upon Tyne.
Perfect for families or professionals looking for a cosy and comfortable living environment.
As you walk into the property, you'll find a welcoming reception room, serving as the ideal space for relaxation or entertaining guests.
The home is bathed in abundant natural light, giving a lively and cheerful vibe.
The property includes one well-sized bathroom and two attractive bedrooms, each providing ample storage space and a calming environment perfect for rest and rejuvenation.
For those who drive, you'll appreciate the off-street parking facility which eliminates any worries linked with parking spaces.
One of the many advantages of this property is that it falls under Council Tax Band A, making it very economical. Being rated with an EPC of C, the energy efficacy of this property is notable.
This well-maintained terraced house offers an ideal balance between comfort and affordability. This residential rental property is ready and waiting for the right tenants to turn it into a home.
Reach out today to arrange a viewing and secure your chance to live in this welcoming residence in Hobson, Newcastle upon Tyne.
Initial contract periodic Affordability is calculated as 30x rent (Per Annum) - £ Move in within 4 weeks Applicants must view the property Cats and small dogs considered Tenant Referencing Criteria: Pattinson will undertake referencing checks on all applicants over the age of 18 wishing to move into a rental property.
As part of this process, we will undertake: • A credit check to ensure each applicant does not have any adverse credit such as CCJs (County Court Judgements).
• An affordability assessment to ensure applicant’s income will sufficiently cover the rental payments.
• To pass the affordability check, each applicant’s gross annual basic income (including benefits and pensions) must be at least 30 times the monthly rental amount (36 times for Ellinson properties).
EG If the rent is £500 PCM, applicants would need to earn £15,000 as an annual pension or basic salary (excluding commission/bonus) before tax or other deductions were made.
• Each applicant’s affordability is assessed individually against the criteria. • Self-employed applicants will require an accountant’s reference and should have accounts for a minimum of two years.
Net profit will be assessed against the affordability requirement of 30 times the monthly rental amount. • Employment checks to confirm your start date, salary and if your position is permanent.
• Homeownership checks (only if you are a homeowner) confirming your mortgage payments are up to date.
• A Landlord reference (if you are currently residing in rented accommodation) confirming you have abided by the terms of the lease.
This will check that the rent was paid on time and in full, there was no antisocial behaviour and the property was looked after in an appropriate manner. • ‘Right to rent’ ID checks.
If you do not meet the requirement, you WILL REQUIRE A HOMEOWNER GUARANTOR. Council Tax Band: A Deposit: £700.00
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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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 Robinson Terrace, Hobson, Newcastle upon Tyne, Durham, NE16 6EG
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