3-bedroom house · NE12 7JY
Listing removedListed 130 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available 15th August Daniel Craig Residential are proud to bring to the market this 3 bedroom terrace property in the popular area of Forest Hall.
The property incorporates a large dinging room to the rear of the property with the fitted kitchen attached behind it There is a separate lounge at the front of the property offering a cosier environment for when you want to escape from the busier family area.
This has nice views onto a sizable front garden. Upstairs there are 3 bedrooms, one of which is currently used as a study. Two bedrooms are doubles and one is a large single room.
Furthermore, on this floor there is a family bathroom. To the rear of the property there is a back drive which has room for 2 cars Upfront Costs: £800 Rent plus £920 Bond = £1720 council tax band B
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
FAQ
About 34, Burn Avenue, Newcastle Upon Tyne
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