1-bedroom flat · NE4 5AY
No longer listedListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Close to City Centre, RVI & St James Metro. A very spacious one bedroom apartment on the 2nd floor of this development on the edge of the city centre.
The property has a lounge overlooking a communal landscaped area, contemporary style fitted large breakfasting kitchen with integrated electric oven and extractor, gas hob, fridge/freezer and washer/dryer.
The kitchen has tiled floor, part tiled walls and has a feature breakfast bar. The large bathroom also has a tiled floor and part tiled walls, bath, and separate shower cubicle and heated towel rail.
There is a large double bedroom to the front of the property. The property is double glazed and has gas central heating. It is situated a short walk from the city centre and metro station.
There is ample parking to the rear of the development. This is an ideal property for a single person or couple who want easy walking access to the city centre or metro.
It is available on a FURNISHED basis. Northwood Tyneside Ltd is a member of The Property Ombudsman Scheme and the Propertymark Client Money Protection Scheme.
Our landlord and tenant fees can be found at the following links Landlord Tenant EPC rating: D.
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 Leazes Court, Barrack Road, Newcastle upon Tyne, NE4
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