Summary - 17 Richardson Street NE6 5DH
3 bed 1 bath Terraced
Ready rental income in a central, amenity-rich neighbourhood for buy-to-let buyers.
Tenant in situ producing £14,400 per annum rental income
Freehold Edwardian mid-terrace with period features
EPC Grade D; likely needs energy-efficiency improvements
Solid brick walls assumed uninsulated — potential retrofit needed
Small rear yard and limited outdoor space
Single bathroom; three bedrooms on multiple floors
Above-average local crime rate — factor for tenant profile
Good broadband, mains gas heating, council tax Band B
This mid-terraced Edwardian house in Heaton is offered with a tenant in situ and producing £14,400 per annum, making it a ready-made income purchase for private landlords or portfolio buyers. The property is freehold, sits within Newcastle City Council tax band B, and benefits from mains gas central heating and fast broadband — practical essentials for letting demand in this area.
Internally the house retains period character such as a fireplace and mouldings, with a living room, separate dining room, kitchen and three bedrooms across multiple storeys. The accommodation is described as dated in places and the EPC grade D together with solid brick walls (assumed uninsulated) indicate potential for energy-efficiency improvements; buyers should budget for modernisation if aiming to raise rent or reduce voids.
Outside there is a small yard to the rear and a modest front garden. The plot is compact, so outdoor space is limited. The surrounding neighbourhood is cosmopolitan with many students and professionals and good local amenities, transport links and a mix of schools nearby, which supports steady rental demand.
Notable negatives to weigh: tenant remains in situ (sale subject to tenancy), above-average local crime levels, and the property will likely need refurbishment and possible insulation/upgrades to meet higher standards. These factors affect hands-on landlords differently from buy-to-let investors seeking turnkey low-maintenance units.
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