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See how verdicts work4-bedroom flat · NE1 3AD
Listing removedListed 159 days
Opportunity summary
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About
Investment Opportunity; Two Luxury Apartments, Hanover Mill, Newcastle Quayside Offers Around £385,000 | Gross Yield 7.2% | Combined Rental Income £25,800 p.a.
An exceptional opportunity to acquire a pair of premium two-bedroom, two-bathroom apartments offered as a portfolio sale in the highly sought-after Hanover Mill development, located on Newcastle's iconic Quayside.
These stunning circular apartments boast panoramic views over the River Tyne and the Quayside, combining modern design with unbeatable location appeal.
With floor-to-ceiling windows flooding the spaces with natural light, both apartments offer spacious living areas and stylish, fully fitted kitchens, ideal for professionals and students alike.
Key Features - Two x 2-Bed, 2-Bath Apartments - Located in the prestigious Hanover Mill - Panoramic river views - Within walking distance to Newcastle city centre - 100% occupancy since development & proven rental demand - Tenants in situ, secure, hassle-free investment - Combined rental income of £25,800 per annum - Gross yield approx.
7.2% - Modern interiors, high-spec finish, and well-maintained communal areas - Ideal for long-term investors seeking reliable returns in a high-demand area Location Hanover Mill is perfectly positioned for access to Newcastle's bustling city centre, the vibrant Quayside, and a wide range of amenities, bars, restaurants, and transport links.
This riverside location continues to be one of the city's most desirable rental hotspots.
This rare opportunity offers an immediate return with excellent prospects for long-term capital growth and income stability.
Situated on the beautiful Quayside of Newcastle, this property is within a short walk to the centre of Newcastle, enjoying a vibrant atmosphere and all the necessary amenities, such as shops, restaurants, bars, and the university, which attracts a large amount of local and international students.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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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 Hanover Street, Newcastlle, Newcastle, NE1 3AD
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