3-bedroom terraced house · NE16 6EL
Listing removedReduced £50 (−5.9%) on 10 JunListed 174 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Orange Sales and Lettings are delighted to offer this this beautifully presented three-bedroom end-terrace property has been fully refurbished to an exceptional standard, offering modern living in a highly sought-after NE16 location.
The property boasts a spacious and bright interior throughout, with a thoughtfully designed layout ideal for families or professionals.
The standout feature is the impressive open-plan kitchen diner, finished to a high specification with contemporary fittings, ample storage, and generous space for dining and entertaining.
Upstairs, the home offers three well-proportioned bedrooms, all tastefully decorated, alongside a stylish, modern family bathroom.
Every detail has been carefully considered in the refurbishment, ensuring a high-quality finish throughout.
Externally, the property benefits from its end-terrace position, providing additional privacy and outdoor space.
Key Features: Fully refurbished to a high standard Spacious open-plan kitchen diner Three well-sized bedrooms Modern family bathroom End-terrace with added privacy Sought-after NE16 location Early viewing is highly recommended to appreciate the quality and space this fantastic home has to offer.
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 Prospect Terrace, Hobson, Newcastle Upon Tyne, NE16 6EL
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