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See how verdicts work4-bedroom terraced house · NE6 5HR
Listing removedListed 234 days
Opportunity summary
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About
This impressive 3 storey mid terraced period family home is located in Heaton and has been significantly improved by the present owners to create a contemporary feel that we know will appeal to a wide range of buyers.
Accommodation comprises: Ground floor: Entrance vestibule, hallway, sitting room, dining room, breakfasting kitchen. First floor: Landing, bedroom 2, bedroom 3, bedroom 4, family bathroom.
Second floor: Landing, Principal bedroom, ensuite shower room. Outside: Front town garden, rear south facing paved courtyard.
Situation: Cheltenham Terrace is located in the heart of Heaton, just off Heaton Road.
Fast becoming one of Newcastle’s most sought after suburbs Heaton offers a wide selection of local and national shops, supermarkets, restaurants, coffee shops, bars and public houses.
With a choice of schooling for all ages there is also access across the city to a number of private schools.
Well positioned for commuting options by road, bus and Metro into Newcastle city centre there is also access to the Quayside & Ouseburn.
The Coast Road runs alongside Heaton and leads directly to Northumberland’s stunning coastline with pretty seaside towns such as Whitley Bay & Tynemouth.
There are also a number of lovely open spaces such as Heaton Park, Armstrong Park and Jesmond Dene.
Description: Having been much improved by the present owners this mid terraced period property offers versatile and generous accommodation spread over three floors.
Heated by gas central heating the contemporary feel to this house will appeal to a wide range of buyers especially first time buyers, couples and families.
An internal inspection will be essential to fully appreciate this lovely home.
The front door leads directly into the vestibule and from there the hallway where the floor boards are stripped and the stairs lead off to the first floor.
The sitting room is the principal reception space with a bay window to the front allowing for additional light and space and ornate plater work to the ceiling.
To the rear overlooking the courtyard is the dining room, this is a versatile room and would make an excellent additional sitting room.
The breakfasting kitchen is new and becomes the heart of this home.
Fitted with modern wall and base units with complementary worktops there is a breakfast bar, electric hob and oven as well as space for a dishwasher.
There is room for a dining table and access out to the rear courtyard. On the first floor there are 3 double bedrooms and stairs to the second floor.
Bedrooms 2 and 4 are both to the front elevation whilst bedroom 3 is to the rear. The family bathroom has also been refitted with a modern white suite with shower over the bath and built in storage.
Finally is the principal bedroom. This great double room is on the second floor.
With sky lights allowing for a great deal of natural light it has its own ensuite which is beautifully fitted and offers a real feeling of luxury.
Outside: To the front is a town garden and to the rear is a south facing courtyard which has been paved and a great space of outside dining through the summer months. EPC Rating: D
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Cheltenham Terrace, Heaton, NE6
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